Tamarac (Fla.) General Employees' Retirement System hired Income Research and Management to run about $5 million in active domestic fixed income, said Gregory A. McNeillie, senior vice president at Dahab Associates, consultant to the $10 million plan. The pension board wants to invest in lower-tier bonds, and outgoing manager Atlanta Capital Management invests strictly in higher-tier bonds and did not rebid, Mr. McNeillie said.
Lillian Pabon, secretary of the plan's board, referred questions to third-party administrator First Benefits Services; Dan Gatzulis, administrative manager at First Benefits, was not available for comment by press time.
