St. Louis Firefighters' Retirement Plan will launch a search for its first investment consultant within the next three to four weeks, confirmed a spokeswoman for Richard R. Frank, secretary.
The $2 million pension fund was created Feb. 1, the same day that benefit accruals were frozen in the $445 million St. Louis Firemen's Retirement System. Both retirement systems continue to function with separate boards of trustees.
The new pension fund is in the process of completing contracts with its first actuary and first auditor. The names of the firms will be released once the contracts are signed.
The investment consultant RFP will be posted on the pension fund's website.