Enfield (Conn.) Town Pension Plan and Police Pension Plan will issue an RFP in March for a pension administrator, said Gregory Simmons, finance director. CIGNA, which has been the plans' pension administrator since 1969, can rebid. Town officials, who have never issued an RFP for an administrator, want to see what the competition might offer, said Mr. Simmons. CIGNA handles actuarial, benefit administration and investment management services for the plans, but the duties could be separated, Mr. Simmons said. Selections are expected in May. The RFP will be available at www.enfield.org in March.
Each plan has $27 million in assets.