# City of Sanford Police Officers' and Firefighters' Retirement System

City of Sanford Police Officers' and Firefighters' Retirement System is a Pension Fund based in Sanford, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Sanford, United States
- **Region:** North America
- **Address:** Sanford, FL, United States
- **Founded:** 1877
- **Assets under management:** Undisclosed
- **Website:** sanfordfl.gov
- **LinkedIn:** https://www.linkedin.com/company/cityofsanfordfl

## Regulatory record

- **Reports private funds:** No

## About

The City of Sanford Police Officers' and Firefighters' Retirement System operates as two distinct trust funds serving the sworn personnel of this central Florida municipality. The Police Officers' Retirement System Fund and the Firefighters' Retirement System Fund each maintain separate boards of trustees that convene quarterly at Sanford City Hall. Oversight involves the City Manager, Norton N. Bonaparte Jr., and the Director of Finance, Cynthia Lindsay, embedding the plans within the city's administrative governance rather than an independent investment office. The system's known investment posture reflects a traditional municipal pension allocation. Confirmed holdings include stakes in two institutional real estate vehicles: the ASB Allegiance Real Estate Fund, which targets core commercial properties across the United States, and the Intercontinental Real Estate Corporation U.S. Real Estate Investment Fund, a diversified mixed-use strategy. The boards maintain membership in the Florida Public Pension Trustees Association, the state-wide network that provides trustee education and legislative advocacy for Florida's municipal plans. The system operates without a dedicated investment staff — typical for a city of Sanford's scale — relying on the City Manager's office, an outside actuary, and possibly a general investment consultant for asset-allocation guidance and manager selection.

## Sectors

- Real Estate

## People

- Craig Radzak — Chairman, Firefighters' Retirement System Board of Trustees
- Norton N. Bonaparte Jr. — City Manager
- Cynthia Lindsay — Director of Finance

## Questions

### How are the Police and Fire pension funds structured?

They are legally separate trust funds, each with its own board of trustees. The Police Officers' Retirement System Fund covers sworn police personnel, and the Firefighters' Retirement System Fund covers fire personnel. Both boards hold regular meetings at Sanford City Hall and operate under Florida statutes governing municipal police and fire pensions.

### Does the system participate in any industry associations?

Yes. The retirement system is a member of the Florida Public Pension Trustees Association, which provides continuing education, fiduciary training, and legislative advocacy for municipal pension trustees across the state.

## Related profiles

- [City of Rockville Employees' Retirement System](https://altss.com/profile/city-of-rockville-employees-retirement-system)
- [City of Sarasota Firefighters' Pension Plan](https://altss.com/profile/city-of-sarasota-firefighters-pension-plan)

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

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