Chicago Park District seeks consultant for future 457 plan provider search

Chicago Park District is looking for an investment consultant to assist with a future provider search for its roughly $69.3 million deferred compensation plan, said an RFP on the park district's website.

The reason for the 457 provider search and information on whether incumbent provider Empower Retirement will be able to rebid could not immediately be learned.

The investment consultant RFP is available on the park district's website. Registration is required. Proposals are due 3 p.m. CDT on March 13, with a hiring decision expected the week of March 20.

The 457 provider RFP is expected to be released March 31 with a due date of April 14 and a hiring decision May 30.

Benefits manager Nancy Currier could not immediately be reached for additional information.