# Marco Island Police Officers' Pension Plan

Marco Island Police Officers' Pension Plan is a Pension Fund based in Marco Island, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Marco Island, United States
- **Region:** North America
- **Address:** Marco Island, FL, United States
- **Founded:** 2005
- **Assets under management:** Undisclosed
- **Website:** www.cityofmarcoisland.com
- **LinkedIn:** https://www.linkedin.com/company/the-city-of-marco-island

## Regulatory record

- **Reports private funds:** No

## About

The Marco Island Police Officers' Pension Plan operates as a single-employer defined-benefit plan sponsored by the City of Marco Island for its police officers. Established under Florida Statutes Chapter 185, the plan receives dedicated funding from a portion of state premium tax revenues levied on property insurance. Its governance rests with a Board of Trustees chaired by Mark Haueter, with Ryan Montgomery serving as Secretary and City Clerk Joan Taylor as Trustee. The plan's benefit structure and funding mechanism are set by state law, limiting the sponsor's discretion over contribution rates. Investment strategy follows the prudent-person standard codified in Florida law. While the board does not publicize a current allocation breakdown, Florida municipal police and fire plans of this scale typically deploy across public equities, investment-grade fixed income, and real estate. Some have added private equity and infrastructure sleeves through consultants like AndCo or Graystone Consulting. Geographic exposure is predominantly US-centric. The plan's exact funded status and actuarial liabilities are reported through the City of Marco Island's annual comprehensive financial report. Board meetings generally occur quarterly, with agendas covering investment performance reviews, actuarial valuations, and statutory compliance updates. Trustees Mark Haueter and Ryan Montgomery, alongside City Clerk Joan Taylor, serve without managing a dedicated internal investment staff. The plan's size relative to other Florida municipal police pensions is not publicly detailed. A structural feature distinguishing this plan is its exclusive reliance on Chapter 185 premium tax revenues. Unlike plans where municipal sponsors make actuarially determined contributions from general funds, Marco Island's police pension operates with a statutory funding floor that can create surpluses or shortfalls decoupled from the city's annual budget process. This architecture makes the plan's funded ratio particularly sensitive to Florida's property insurance market cycles — a dynamic not shared by sales-tax-funded municipal pensions.

## Sectors

- Public Equities
- Fixed Income
- Real Estate
- Private Equity

## People

- Mark Haueter — Chairperson, Board of Trustees
- Ryan Montgomery — Secretary, Board of Trustees
- Joan Taylor — City Clerk and Trustee

## Questions

### Is the plan's funded status publicly available?

Yes. The plan's actuarial valuation is disclosed annually through the City of Marco Island's Annual Comprehensive Financial Report. However, the plan does not maintain a standalone public-facing website with real-time actuarial metrics.

### How is the plan funded?

Primarily through Chapter 185 premium tax revenues collected by the State of Florida from property insurance policies. If premium tax collections exceed actuarially required contributions, the excess can be used to fund enhanced benefits, reduce future contributions, or accumulate reserves, subject to collective bargaining and statutory constraints.

### Does the plan participate in private equity or venture capital?

The plan does not publicize its alternative investment program. Florida municipal police and fire pensions under $100 million in assets historically have limited exposure to private equity, with many utilizing closed-end real estate funds or diversified infrastructure strategies through their consultants instead.

## Related profiles

- [Marco Investment Management](https://altss.com/profile/marco-investment-management)
- [Marcus Foundation](https://altss.com/profile/marcus-foundation)

---

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

Canonical page: https://altss.com/profile/marco-island-police-officers-pension-plan

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology