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New Smyrna Beach Police Officers' Retirement System
The New Smyrna Beach Police Officers' Retirement System administers the pension trust for municipal police officers in New Smyrna Beach, Florida.
New Smyrna Beach Police Officers' Retirement System
The New Smyrna Beach Police Officers' Retirement System administers the pension trust for municipal police officers in New Smyrna Beach, Florida. Its governing board includes Trustees John Thomson, Ron Neibert and Jason Reve, alongside Plan Administrator Ferrell Jenne of Foster & Foster and Investment Consultant Frank Wan of Burgess, Chambers & Associates. The fund allocates across public market investment portfolios and direct real assets. Known real estate holdings include a position managed by American Realty Advisors. The system's investment posture reflects a traditional municipal pension structure that balances liquid public-market exposure with income-producing commercial property. The board and its advisors participate in the Florida Public Pension Trustees Association, a professional network for Florida public plan fiduciaries. Frank Wan's consultant role at Burgess, Chambers & Associates anchors the investment decision-making process, while Ferrell Jenne handles plan administration through third-party administrative services. As a Florida municipal pension, the system operates under the strict governance framework of Florida Statutes Section 112.664 — a compliance requirement that defines its reporting, actuarial and funding transparency obligations in ways that distinguish it from private-sector retirement plans.
General information
Firm type
Pension Fund
Location
Region
North America
Country
United States
City
New Smyrna Beach
Corporate office
New Smyrna Beach, Florida, United States
Principals
John Thomson
Trustee
Ron Neibert
Trustee
Jason Reve
Trustee
Ferrell Jenne
Plan Administrator
Frank Wan
Investment Consultant
Sector focus
Frequently asked questions
Who oversees investment decisions at the New Smyrna Beach Police Officers' Retirement System?
A board of three Trustees — John Thomson, Ron Neibert and Jason Reve — governs the plan. Day-to-day investment consulting is handled by Frank Wan of Burgess, Chambers & Associates, while Ferrell Jenne of Foster & Foster serves as the Plan Administrator.
What does the system invest in?
The portfolio includes a public market investment allocation and at least one known direct commercial real estate position managed by American Realty Advisors. The exact asset-class weights and additional managers are not publicly disclosed by the system.
How does the system ensure compliance with Florida law?
The plan is governed by Florida Statutes Section 112.664, which mandates specific actuarial reporting standards, funding ratios and transparency requirements for municipal police and firefighter pension plans in the state.
Does the system co-invest or participate in fund commitments?
Public records confirm a direct real estate holding through American Realty Advisors, but further detail on fund-of-fund commitments, club deals or co-investment activity is not available from disclosed sources.
Who handles the day-to-day administration of the plan?
Ferrell Jenne, representing the third-party administrative firm Foster & Foster, serves as the Plan Administrator and manages the operational and recordkeeping functions of the trust.
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.
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