Plan previously rehired Callan as its general investment consultant in 2017.
They will focus on client service support, due diligence and research and capital markets and asset allocation.
New investment consultant will provide advisory and custodial services after issuing an RFP in late 2020.
The plan last conducted a search in 2015.
The borough has issued an RFP seeking an investment advisor for its three pension funds.
The plan is conducting the search in anticipation of its incumbent’s contract expiration.
The previous president retains her role as ceo.
Plan will seek infrastructure managers to complement its existing portfolio.
The plan last conducted a similar search in 2017.
The plan has not conducted a search since it hired its incumbent consultant 20 years ago.