Searches and Hires

Madison, Conn., wants investment consultant

Madison, Conn., is searching for an investment consultant for its three defined benefit plans with $32.2 million in total assets.

The three plans are the $17.9 million Madison Employees Retirement Plan, $12.9 million Police Department Retirement Plan and $1.4 million Volunteer Fire Companies' Defined Benefit Pension Plan. The name of the current consultant was not available.

A copy of the RFP is available on the town's website. Proposals are due by 2 p.m. EDT Oct. 17. A selection date was not disclosed.

Cheryl Kuszpa, Madison's assistant director of finance, could not be immediately reached for further information.