CitiStreet was recommended by an evaluation team - a sub-group of the...

CitiStreet was recommended by an evaluation team — a sub-group of the defined contribution plan implementation group, which reports to the Florida State Board of Administration, Tallahassee — to be the third-party administrator for Florida’s new defined contribution plan for state employees. The list and ranking of candidates is being sent today to the State Board of Administration; from there it will go to the plan advisory committee, and then to the board of trustees for their final approval. The other two finalists, in order of the ranking by the evaluation team, are Northern Trust and Fidelity Investments.