Indiana Public Employees' Retirement Fund, Indianapolis, withdrew its search for investment management and record-keeping services for its $2.39 billion 457 annuity savings account and $18.8 million legislators' defined contribution plan, said Rebecca Cook, procurement officer. Fund officials hope to reissue the RFP possibly in midsummer, she said.
The original RFP, issued in January, was withdrawn because fund officials want to consider adding other services, possibly including record keeping for the $15.1 billion Indiana PERF defined benefit plan, she said. Its record keeping is now handled in-house, she added.