City of Phoenix Deferred Compensation Fund will issue an RFP for an...

City of Phoenix Deferred Compensation Fund will issue an RFP for an investment consultant to advise on its $400 million 457 plan, said Heather Donnelly, benefits analyst. Incumbent Becker Burke’s contract was recently extended; Ms. Donnelly said it is standard practice to conduct a search when a contract is up. The RFP will be available Feb. 28 from Corey Williams, benefits aide, by e-mail at [email protected]; proposals are due May 16. The plan offers 30 investment options, and ICMA Retirement is bundled provider.