# City of Rockledge Police Employees' Retirement Plan

City of Rockledge Police Employees' Retirement Plan is a Pension Fund based in Rockledge, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Rockledge, United States
- **Region:** North America
- **Address:** Rockledge, FL, United States
- **Assets under management:** Undisclosed
- **Website:** www.cityofrockledge.org

## Regulatory record

- **Reports private funds:** No

## About

The City of Rockledge Police Employees' Retirement Plan operates as a single-employer public pension fund, established to provide defined retirement benefits exclusively for the police officers employed by the City of Rockledge, Florida. The plan is governed by a board of trustees chaired by Richard Burke and composed of a mix of appointed and elected members, including active police representatives. The board is responsible for the trust's administration, investment oversight, and making funding recommendations to the Rockledge City Council. The plan allocates capital across a traditional institutional portfolio. The plan's investment policy and specific manager line-up are governed by Florida statutes applicable to municipal police and firefighter pension funds, which emphasize prudent-investor standards and actuarial soundness. The board participates in the Florida Public Pension Trustees Association for ongoing fiduciary education. The board remains a lean governance structure with five named trustees, including Chairman Richard Burke and police-representative trustees Patrick Kennedy and Christopher Crawford. The fund's scale and specific deployment totals are not publicly disclosed beyond municipal financial reporting requirements, making external benchmarking difficult. The plan maintains its administrative nexus through the City of Rockledge's municipal offices, without a separate investment office or dedicated staff beyond the board and the city's finance function. The plan's structural differentiator is its extreme localism: a single-employer, single-profession retirement trust for a small municipal police force. Unlike large state-wide systems, every funding decision directly links to the specific payroll, attrition, and demographic trajectory of the Rockledge Police Department. This creates a sharp alignment — and concentrated risk — between the city's public-safety hiring and the fund's long-term actuarial health.

## Sectors

- Public Equities
- Fixed Income

## People

- Richard Burke — Chairman of the Board of Trustees
- James Pickel — 5th Member Trustee
- Patrick Kennedy — Elected Member and Police Representative
- Christopher Hattaway — Appointed Member of the Board
- Christopher Crawford — Elected Member and Police Representative

## Questions

### How is the plan funded and what are its main liabilities?

The plan is funded through employer contributions from the City of Rockledge and mandatory employee contributions from police officers. Its liabilities are the defined retirement benefits promised to eligible sworn officers, calculated based on years of service and final average salary. The city holds the ultimate backstop responsibility for funding shortfalls identified in the annual actuarial valuation.

### Does the plan participate in any industry associations or trustee education programs?

Yes, the plan is a member of the Florida Public Pension Trustees Association (FPPTA), which provides educational programs designed for public pension trustees and administrative staff responsible for Florida's municipal police and fire pension funds.

## Related profiles

- [City of Portland Fire & Police Disability & Retirement Fund](https://altss.com/profile/city-of-portland-oregon-fire-police-disability-retirement-fund)
- [City of Rockville Employees' Retirement System](https://altss.com/profile/city-of-rockville-employees-retirement-system)

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Last updated: 2026-08-11T02:43:31.692Z

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