DeKalb County, Decatur, Ga., has extended the due date for proposals in its search for an investment consultant for its $130 million 457 plan and potential new 401(a) plan.
The county is seeking an investment consultant for ongoing services to the two plans, and also to conduct a search for a record keeper for the two plans. County commissioners will soon vote on closing the defined benefit fund, the $1.2 billion DeKalb County Employees Retirement Plan, to new hires and establishing the new 401(a) plan.
Proposals are now due Oct. 8. A timetable for a decision could not be learned by press time.
The RFP is available on the county's website.
Phone calls to Gwen Brown-Patterson, the county's interim chief financial officer, and Burke Brennan, county spokesman, were not returned by press time.