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Sunrise General Employees' Retirement Plan
The City of Sunrise established the General Employees' Retirement Plan to pool contributions from employees and the municipality. William J. Gidney has served...
Sunrise General Employees' Retirement Plan
The City of Sunrise established the General Employees' Retirement Plan to pool contributions from employees and the municipality. William J. Gidney has served as long-time Chairman of the Board of Trustees while Lina Zapata acts as Plan Administrator. The plan targets a diversified allocation that includes domestic equity, international equity, and fixed income through commingled funds. It also holds a position in the J.P. Morgan Strategic Property Fund, an open-end real estate vehicle focused on income-producing U.S. properties. Geographic exposure centers on the United States with additional holdings in international equity markets. Assets total approximately $297 million. The plan maintains relationships with service providers including Gabriel, Roeder, Smith & Company for actuarial work and Southeastern Advisory Services for investment advice. In August 2024 the plan participated in the NCPERS University program covering governance best practices. The plan operates as a single-employer public pension sponsored directly by the City of Sunrise, Florida, with oversight vested in a board of trustees rather than external investment committees.
General information
Firm type
Pension Fund
Year founded
1961
Location
Region
North America
Country
United States
City
Sunrise
Corporate office
Sunrise, Florida, United States
Principals
William J. Gidney
Chairman of the Board of Trustees
Lina Zapata
Plan Administrator and Trustee
Sector focus
Frequently asked questions
Who runs investment decisions at Sunrise General Employees' Retirement Plan?
The Board of Trustees, chaired by William J. Gidney, sets policy while Southeastern Advisory Services provides day-to-day investment guidance.
Does the plan participate in fund commitments or only direct deals?
The plan invests through commingled funds for equity and fixed income plus one real estate limited partnership.
What asset classes does the plan hold?
Holdings include domestic equity via RhumbLine Advisers, fixed income via Garcia Hamilton & Associates, and real estate via J.P. Morgan Strategic Property Fund.
How is the plan related to the City of Sunrise?
The City of Sunrise serves as the sponsoring employer and contributes to the plan alongside employee contributions.
Which professional networks does the plan belong to?
The plan holds memberships in the Florida Public Pension Trustees Association and the National Conference on Public Employee Retirement Systems.
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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