Consultant/OCIO/Discretionary
The plan’s incumbent consultants had their contracts renewed until early 2024.
The selected firm will also assist the plan with a search for third-party administrators.
The contract of incumbent consultant is expiring.
The system will review its relationship with its outsourced cio during its March 31 investment committee meeting and consider either extending the firm’s contract for an additional one-year period or directing staff to initiate an RFP process.
The commission has issued an RFP seeking a firm to provide retirement plan fiduciary consulting services for its 401(a) defined contribution, 403(b) deferred compensation, 403(b) supplemental and 457(b) deferred compensation plans.
The plan is seeking a firm to provide consulting services related to investments, record keeping and plan design and technical guidance.
Plan continues working toward executing a transition of assets away from the state fund.
The contract of the current consultant is set to expire this year.
The authority is seeking proposals for advisory and administration services for the establishment and administration of a trust relating to its obligations to a union OPEB plan.
The plan hired two international equity managers to handle up to $700 million total last week following a search from 2022.
