St. Louis Community College Non-Certificated Employees Retirement Plan (NCERP)

St. Louis Community College Non-Certificated Employees Retirement Plan (NCERP)

NCERP was established in 1969 by St. Louis Community College to provide retirement benefits for employees not covered by the state's teacher retirement system. The plan covers non-certificated staff — a category that includes facilities, administrative support, and technical workers across the college's multiple campuses in the St. Louis region. Plan administration is handled internally, with Michelle Reynolds serving as the designated Plan Coordinator. The College itself makes matching contributions to the plan on behalf of eligible employees. The plan's investment portfolio is managed as a single pool of assets overseen by the plan's governing board. While the portfolio's specific asset allocation and external manager roster are not publicly disclosed in detail, Missouri public pension plans of this type commonly invest across domestic equities, fixed income, and real estate, with smaller allocations to private markets and alternatives. NCERP's investment posture reflects its character as a mature defined-benefit plan — liquidity needs from ongoing benefit payments constrain illiquid allocations. NCERP maintains an operational relationship with the Public School Retirement System of Missouri (PSRS), which covers certificated employees — teachers and administrators — of the same community college district. The two systems are legally separate but serve overlapping institutional sponsors. The plan also maintains ties to the St. Louis Community College Foundation, the college's affiliated philanthropic vehicle, though the Foundation's assets are held and governed entirely outside the pension trust. Plan administration is headquartered in St. Louis, Missouri. The plan's structural differentiator is its narrow, single-employer mandate inside a fragmented Missouri public pension ecosystem. Unlike large state-wide systems, NCERP covers only one institution's non-teaching workforce — a structural feature that couples the plan's long-term health directly to the enrollment and staffing trajectory of St. Louis Community College. That concentration risk distinguishes its governance challenge from that of diversified state systems.