Wisconsin Deferred Compensation Program, Madison, will issue an RFP this month for an administrator and record keeper for the $1.3 billion plan, according to Shelly Schueller, state deferred compensation director. Nationwide Retirement Solutions is the plan's current administrator and record keeper. She said there was no dissatisfaction with Nationwide, which will be allowed to rebid, but that the plan hadn't issued an RFP for a record keeper since 1992 and "we felt it was time."
Ms. Schueller said a copy of the RFP can be obtained by calling her at 608-266-6611 or e-mailing her at [email protected] The plan hopes to issue the RFP by next week, with proposals due in March. A recommendation will be made to the board by its May 10 meeting, she said.