# North Palm Beach General Employees Retirement System

North Palm Beach General Employees Retirement System is a Pension Fund based in North Palm Beach, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** North Palm Beach, United States
- **Region:** North America
- **Address:** North Palm Beach, FL, United States
- **Founded:** 1956
- **Assets under management:** Undisclosed
- **Website:** www.village-npb.org
- **LinkedIn:** https://www.linkedin.com/company/villagenpb

## Regulatory record

- **Reports private funds:** No

## About

The North Palm Beach General Employees Retirement System provides retirement benefits for full-time employees of the Village of North Palm Beach, Florida. The plan operates under the sponsorship of the municipal government, with governance vested in a five-member Board of Trustees chaired by Alan Kral. Paul Wieseneck serves as a trustee and interim chairman, while Myrna Williams acts as secretary. The system offers a dual retirement structure: a traditional defined benefit pension plan and a 401(a) defined contribution plan featuring a 15% Village contribution rate. Employees can also participate in a voluntary 457 deferred compensation plan. Its investment portfolio is divided among domestic equities, international equities, and domestic bonds. Team size and total assets under management remain undisclosed. The retirement system is administered locally in North Palm Beach without satellite offices, reflecting its single-employer, single-municipality design. The plan has made no public announcement of strategic reviews, allocation shifts, or operational changes in the past 24 months. Unlike pooled state-level systems or large city funds, this plan is structurally tied to one small municipality — its investment decisions and funding health are a direct function of the Village's fiscal condition and workforce size, rather than the result of an independent investment office pursuing alpha.

## People

- Alan Kral — Chairman of the Board of Trustees
- Paul Wieseneck — Trustee and Interim Chairman
- Myrna Williams — Secretary of the Board of Trustees
- Francine Manthy — Trustee
- Becky Ring — Trustee

## Questions

### Who runs investment decisions at the North Palm Beach General Employees Retirement System?

A five-member Board of Trustees, currently chaired by Alan Kral, governs the plan. Trustee Paul Wieseneck serves as interim chairman. The board does not publish details about delegated investment authority or retained outside consultants, leaving the extent of their direct investment decision-making unclear.

### What investment stages or asset classes does the system target?

According to available information, the portfolio is confined to three broad allocations: United States domestic equities, international equities, and domestic bonds. There is no public indication of allocations to private equity, venture capital, real estate, or other alternative asset classes.

### Does the North Palm Beach General Employees Retirement System disclose its total assets under management?

No. The plan has not published a recent AUM figure. It operates without a standalone website or transparency portal beyond the Village of North Palm Beach's main municipal site, and no external data vendors have assigned a verified asset total.

### Is the North Palm Beach General Employees Retirement System an independent entity or tied directly to the municipality?

The Village of North Palm Beach is both the plan sponsor and its sole contributing employer. The retirement system is not a separate legal entity with independent investment staff — it functions as a municipal benefit program governed by a board of trustees whose members are affiliated with the Village.

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- [North Pacific Bank](https://altss.com/profile/north-pacific-bank)
- [North Peak Capital Management](https://altss.com/profile/north-peak-capital-management)

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

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