Methuen (Mass.) Contributory Retirement System is searching for an outsourced chief investment officer for its $128 million pension plan.
The search is being conducted because the pension board is seeking to identify the best possible investment options for the plan, said Krysten Wallace, retirement analyst for the retirement system, in an email.
The $67 billion Massachusetts Pension Reserves Investment Management Board, Boston, currently runs the system's portfolio. The pension fund could elect to leave its investments with PRIM.
The RFP can be obtained by emailing Ms. Wallace.
Proposals are due by noon EST on Dec. 29. A selection date was not disclosed.