Contra Costa County Employees' Retirement Association, Concord, Calif., will search for an investment consultant, confirmed CEO Marilyn Leedom.
The RFP is under development and a timeline for when it will be issued has not been determined, Ms. Leedom said. The board voted to issue the RFP at its Jan. 22 board meeting.
Milliman has served as consultant to the $6.4 billion pension fund for almost 30 years. The firm will be invited to rebid. The board elected in part to issue an RFP because of personnel changes at Milliman last year.
The RFP will be posted on the pension fund's website.