Vermont Pension Investment Committee, Montpelier, is searching for outside counsel to provide legal advice on investments, according to Jeb Spaulding, the state treasurer, whose office is handling the search. The committee oversees investments for the $1.38 billion Vermont State Teachers' Retirement System, the $1.17 billion Vermont State Employees' Retirement System and the $264 million Vermont Municipal Employees' Retirement System.
"As some of the investment products that we're considering get more complicated and sophisticated, we want to get the most current and expert advice we can," Mr. Spaulding said.
Responses to the RFP are due in the treasurer's office by 2 p.m. EDT on June 8. Questions can be directed to Donna Holden, contracts administrator, at 802-828-3708.