Dickson City Borough, Pa., is searching for a bundled service provider for its two defined benefit pension plans and a new 401(a) plan, confirmed Cesare Forconi, borough manager.
The selected firm will provide actuarial consulting, investment management and custodial services for the $2.2 million Police Pension Plan and $1.2 million Non-Uniform Pension Plan, as well as a new 401(a) plan the provider would help establish.
Current provider Merrill Lynch informed the borough it no longer provides those services to municipalities.
The RFP is available from the borough website.
Proposals are due on Jan. 11. Interviews and selection are scheduled for Feb. 4-7.