Plano (Texas) Retirement Security Plan is searching for a global custodian, according to an RFP posted on procurement website BidSync.
Comerica Bank is the current custodian for the $91 million defined benefit plan. It could not be learned by press time whether it can rebid.
The RFP is available on the BidSync website. Proposals are due at 3 p.m. CST Dec. 18. A hiring date was not specified.
The pension fund has an asset allocation of 61% domestic equity, 25% fixed income, 11% international equity, 2% cash and 1% real estate.
Sharron Mason, senior buyer, did not return a telephone call by press time.
