Indiana State Teachers' Retirement Fund, Indianapolis, selected...

Indiana State Teachers' Retirement Fund, Indianapolis, selected Milliman, McCready & Keene and Segal as finalists in the $6 billion plan's search for a firm to conduct its first actuarial audit, said Thomas Abbett, CFO. "Other funds are doing it and we thought it would be a good idea," Mr. Abbett said. "Our actuary (Gabriel, Roeder, Smith) suggested we should have one." The audit would review the models and assumptions used by Gabriel Roeder for quality as measured against best practices and industry standards. A selection is expected in February, Mr. Abbett said.