The plan will issue the RFP in June due to the upcoming contract expiration of incumbent RCLCO.
County’s 457 plans have not previously contracted for the services.
The plans have launched a search seeking investment consulting services.
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.