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Palm Bay Police & Firefighters' Pension Fund
The Palm Bay Police & Firefighters' Pension Fund was established in 1974 to provide retirement benefits for sworn officers and firefighters of Palm Bay,...
Palm Bay Police & Firefighters' Pension Fund
The Palm Bay Police & Firefighters' Pension Fund was established in 1974 to provide retirement benefits for sworn officers and firefighters of Palm Bay, Florida. The fund is overseen by a board of trustees that sets policy and reviews investments, with day-to-day administration handled by two plan-specific administrators — Patricia Lindsay for police members and Katie Taglia-Polak for fire personnel. The fund hits its 52nd anniversary in May 2026. The investment strategy relies on external management across multiple asset classes. Actuarial reports and board minutes reference allocations to domestic and international equities, fixed income, and real estate. The fund holds a position in the JP Morgan Real Estate Strategic Property Fund, a core open-ended vehicle that provides diversified commercial real estate exposure. No concentrated direct-investment program is evident — the fund operates as a cost-conscious LP allocating capital through commingled institutional vehicles suitable for a municipal plan of its size. With a part-time administrative staff and a board composed of elected and appointed trustees, the fund pairs a frugal operational footprint with professional fiduciary oversight. Trustees Jason Dorey, Anthony Sacco, James Brock and Benjamin Kiszkiel were returned unopposed for the 2026–2028 term, and Tim Lancaster retained the 5th trustee position through August 2026. The fund participates in the Florida Public Pension Trustees Association for continuing education and networking. In Spring 2026 the fund posted a hiring notice for a part-time administrative assistant, underscoring the modest scale of in-house operations. The fund distinguishes itself by unbundling its two membership cohorts — police and fire — at the administrative layer. Each group has a dedicated pension administrator, a structural choice that embeds operational specialization into a small office and ensures retirement calculations, disability claims, and buyback elections are handled by specialists attuned to the distinct bargaining-unit rules of each service.
General information
Firm type
Pension Fund
Year founded
1974
Location
Region
North America
Country
United States
City
Palm Bay
Corporate office
Palm Bay, Florida, United States
Principals
Tim Lancaster
Trustee (5th Position)
Jason Dorey
Trustee
Benjamin Kiszkiel
Trustee
Anthony Sacco
Trustee
Patricia Lindsay
Pension Administrator (Police)
Katie Taglia-Polak
Executive Director
Samantha Bertolini
Records Management Liaison Officer
Altss tracks 1 additional named team member for this firm — including direct investment leads, IR, and operating principals not listed on the public website.
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Frequently asked questions
Who runs investment decisions at the Palm Bay Police & Firefighters' Pension Fund?
The Board of Trustees has ultimate authority. As of mid-2026, the board includes Tim Lancaster (5th position), Jason Dorey, Benjamin Kiszkiel, Anthony Sacco, and Alice Tabares. The fund does not publicly name a chief investment officer or external investment consultant, and its part-time staff of four administrators handle operations rather than portfolio management.
Is the fund's portfolio publicly reported?
No. The fund posts meeting agendas and dial-in details online but does not publish detailed portfolio breakdowns, actuarial reports, or investment policy statements. The only identifiable holdings are a J.P. Morgan Real Estate commercial fund and a money market account.
What is the fund's relationship with the Florida Public Pension Trustees Association?
The fund is an active member of the Florida Public Pension Trustees Association (FPPTA). Trustees attend FPPTA conferences and trustee schools, which provide continuing education for public pension board members in Florida.
How many members does the fund serve?
The fund serves police officers and firefighters employed by the City of Palm Bay, Florida, as well as their retirees and beneficiaries. A precise membership count is not publicly disclosed, though the fund indicates it operates with appointments-based in-person service and separate administrators for police and fire populations.
Does the fund make direct co-investments or commit to external private equity funds?
There is no public evidence of direct co-investments or private equity fund commitments. The only named investment outside of a money market account is a J.P. Morgan Real Estate strategic property fund, suggesting a conservative, real-asset-oriented approach with limited transparency.
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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