The plan made three commitments after interviewing firms in closed session last month.
The plan rehired its incumbent consultant in 2018 after a similar search.
The plan also removed a firm from watch status due to improved performance.
The retirement plan made two commitments following finalist interviews yesterday.
The plan is currently conducting due diligence on two firms.
The plan also renewed several of its investment consulting contracts at today’s board meeting.
The plan also delegated investment authority to its executive director.
The retirement plan received three submissions to its RFP issued earlier this year.
The position was left vacant last year after a departure.
The search is required due to state procurement law requiring an RFP every seven years.