Knox County wants consultant for 3 closed pension plans

Knox County, Knoxville, Tenn., is searching for an investment consultant for the city’s three defined benefit plans, said Matt Myers, county director of procurement, in an email.

The county issued a request for qualifications because the contract of current consultant Wilshire Associates is expiring soon; the firm is invited to rebid.

The three plans, all closed, are the $159 million Knox County Uniformed Officers Pension Plan, $57 million Knox County Teachers Retirement Plan and $43 million Knox County Closed Defined Benefit Plan.

The RFQ is available on the county’s website. Proposals are due at 2 p.m. EDT on July 28. A timetable for a decision was not provided.