Lehigh-Northampton Airport Authority, Allentown, Pa., is searching for an investment consultant for its two defined benefit pension funds, wrote Elizabeth Taylor, benefits administrator, in an e-mail.
The search is being conducted as the result of the authority's requirement to put services up for bid every four years; current consultant Wells Fargo is invited to rebid.
The authority has two pension funds: a non-union plan with $6 million in assets and a union plan with $5 million in assets.
The RFP can be obtained by e-mailing Marcy Wowk, property manager, at [email protected]. Proposals are due at 3 p.m. EDT on June 16. Finalist presentations are tentatively scheduled for July 9-10, with a decision expected by July 25.
