Los Angeles Fire and Police Pension System plans to issue an RFP for an external firm to audit the $9.5 billion systems financial statements, said Michael A. Perez, general manager.
Under the citys administrative code, the system must conduct a search every three years. The contract of current auditor Simpson & Simpson expires on June 30; the firm can rebid. Staff will conduct the search.
The RFP will be posted on the systems website, www.lafpp.com. The systems board is expected to make a selection in about two months.