Belmont Contributory Retirement System picks Segal as actuary

Belmont (Mass.) Contributory Retirement System hired Segal Consulting as actuary for the $71 million pension fund, according to board administrator Marion Cote.

The pension fund originally issued the RFP in September because the fund’s contract with its previous actuary, Buck Consultants, expired. Buck was invited to rebid and was a finalist along with KMS Actuaries.