Minnesota Public Employees Retirement Association, St. Paul, hired Gabriel Roeder Smith as actuarial consultant, pending contract negotiations, said David DeJonge, assistant executive director.
Gabriel Roeder Smith replaces Mercer, which is closing its public pension plan actuarial practice.
Minnesota PERA administers seven plans totaling about $22 billion, which all are invested in commingled pools managed by the Minnesota State Board of Investment, St. Paul
