Vermont's three main public pension plans issued an RFP through the state's attorney general for outside legal counsel to help the systems monitor and possibly participate in securities class action and other litigation. The $1.34 billion State Teachers' Retirement System, the $1.09 billion State Employees' Retirement System and the $239 million Municipal Employees' Retirement System, all in Montpelier, are seeking to create a pool of up to three law firms to provide services for two years, with two one-year renewal options.
The RFP is available on the treasurer's website at www.tre.state.vt.us/index.html. Proposals are due July 29 and should be sent to Michael McShane, director, GCAL division, Office of Attorney General, 109 State St., Montpelier, VT 05609-1001. Questions can be sent to Mr. McShane by mail or e-mail at [email protected] and must be received by June 17.