St. Louis Firefighters’ Retirement Plan hired Dahab Associates as its first investment consultant, confirmed Janice Fairless, human resources specialist.
The $3 million pension fund issued an RFP in November. The contract takes effect immediately.
Ms. Fairless would not name the other finalists.
The Firefighters’ Retirement Plan was created on Feb. 1, 2013, the same day that benefit accruals were frozen in the $445 million St. Louis Firemen’s Retirement System.