Texas Employees Retirement System, Austin, hired Gabriel, Roeder, Smith & Co. as the $24.7 billion pension fund's new actuarial consultant.
Trustees made their choice at a May 21 board meeting, confirmed Mary Jane Wardlow, a spokeswoman, in an e-mail. GRS' contract begins June 1, according to meeting documents.
The Segal Co. was the other finalist. Buck Consultants was the incumbent.