Fort Lauderdale Police & Fire chooses Foster & Foster as actuary

Fort Lauderdale (Fla.) Police & Fire Retirement System hired Foster & Foster as actuarial consultant, confirmed Fred Nesbitt, director of public information.

The $691 million pension fund issued an RFP in September because of the retirement of the pension fund's longtime actuary Randall Stanley, co-founder of Stanley, Holcombe & Associates.

Nyhart bought out Stanley Holcombe in 2011 and was a finalist, along with Buck Consultants and Cheiron.

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