Updated:
City of St. Cloud General Employees' Pension Fund
The City of St. Cloud General Employees' Retirement System operates as a defined benefit plan for municipal workers in this central Florida community.
City of St. Cloud General Employees' Pension Fund
The City of St. Cloud General Employees' Retirement System operates as a defined benefit plan for municipal workers in this central Florida community. The plan's Board of Trustees — a group that has included Donna Cooley, Art Lee, Nadine Zilke, Scott Kaplan, Lilyvette Serrano, Brian Liotta, and James Reus — governs asset allocation and fiduciary oversight. Day-to-day administration runs through Plan Administrator Siera Feketa, affiliated with actuarial and consulting firm Foster & Foster. The portfolio spans traditional pension allocations, with international equities tagged as a distinct sleeve. Like most Florida municipal plans, the fund likely maintains exposure to domestic large-cap equities, core fixed income, and a measured alternatives bucket — the precise weightings are not publicly itemized. The plan participates in the Florida Public Pension Trustees Association's Certified Public Pension Trustee program, signaling a commitment to trustee education and governance standards. Florida's municipal pension ecosystem operates under heightened public scrutiny following state-level reforms that require transparency in actuarial health and funding ratios. St. Cloud's plan exists within this regulatory framework, with the Board of Trustees ultimately accountable to city residents and plan beneficiaries. The fund's structural differentiator is its governance model — a lay board of municipal employees and appointees making allocation decisions within the constrained universe of Florida public pension law. This creates a conservative posture, with external consultants playing a significant role in manager selection and asset-liability modeling.
General information
Firm type
Pension Fund
Year founded
1909
Location
Region
North America
Country
United States
City
St. Cloud
Corporate office
St. Cloud, FL, United States
Principals
Siera Feketa
Plan Administrator
Donna Cooley
Trustee
Art Lee
Trustee
Nadine Zilke
Trustee
Scott Kaplan
Trustee
Lilyvette Serrano
Trustee
Brian Liotta
Trustee
James Reus
Trustee
Sector focus
Frequently asked questions
Who runs investment decisions for the St. Cloud General Employees' Pension Fund?
A Board of Trustees governs the plan, with day-to-day administration handled by Plan Administrator Siera Feketa through Foster & Foster. Trustees are drawn from city government and plan membership. Investment policy is set at the board level, typically with guidance from external consultants and actuarial advisors.
What role does Foster & Foster play in plan administration?
Foster & Foster provides actuarial and administrative services to numerous Florida municipal pension plans. For St. Cloud, the firm handles benefit calculations, compliance reporting, and board support. Siera Feketa serves as the primary point of contact for the plan.
Does the plan disclose its full asset allocation publicly?
The plan's public-facing materials are limited. International investments are confirmed as part of the portfolio, but granular asset-class weightings, specific manager relationships, and alternative investment commitments are not itemized on the city's website. Detailed allocation data would appear in the plan's Comprehensive Annual Financial Report, which is a matter of public record accessible through the city.
How is the plan governed under Florida law?
The plan operates under Florida Statutes governing municipal police and fire pension funds, with the Board of Trustees serving as the named fiduciary. The board participates in the Florida Public Pension Trustees Association's education programs, and the plan is subject to state-mandated actuarial reporting standards.
What is the funding status of the St. Cloud General Employees' Pension Fund?
Funding ratios for Florida municipal plans are reported through the Florida Department of Management Services. St. Cloud's specific funded status is not highlighted in the materials reviewed, but the plan's CAFR would contain the actuarial valuation and funded ratio. Municipal plans in the region have generally improved following state reforms that strengthened reporting requirements.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on pension funds?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: