City of St. Cloud General Employees' Pension Fund

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. 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.