Bridgeport (Conn.) Police and Firefighters Pension Plans A are searching for an investment consultant, according to an RFP.
The selected firm will help develop or modify investment policy, asset allocation, asset/liability studies and conduct manager searches among other general consulting duties, according to the RFP.
The combined $166.4 million pension plans were closed to new participants in 1981 and are 51.2% funded, according to the RFP.
A PDF copy of the RFP is available online at BidSync, a national network of government procurement agencies.
Proposals are due by 2 p.m. EDT April 10. Up to three finalists will be selected for interviews. A hiring date was not specified.
The previous consultant could not be learned. Ronald Preston, treasurer, and Dawn Norton, interim finance director, were not available by press time for additional information.