Springfield (Pa.) Township is seeking an investment consultant for its three pension funds with a combined $21 million in assets.
The consultant will supervise, monitor and evaluate the pension funds' investment managers.
The current consultant and whether it can rebid could not be learned by press time.
The three plans are the Police Pension Plan and two Non-Uniformed Employees Defined Benefit Pension Plans, one for salaried employees and one for hourly employees, said Donald E. Berger Jr., township manager.
The RFP can be obtained by contacting Mr. Berger at 1510 Paper Mill Road, Wyndmoor, PA, 19038, or via e-mail at [email protected].
Proposals are due by noon EDT April 17. A selection date was not disclosed.