Austin (Texas) Deferred Compensation Plan is searching for a firm to provide administration, record keeping, education and investment management services for the $352 million plan, said Terry V. Nicholson, senior buyer specialist for the city of Austin.
Incumbent ING U.S. Retirement Solutions, now known as Voya Financial, can rebid. The search is being conducted because Voya’s contract expires in June 2015.
Proposals are due by 3 p.m. CDT Sept. 9. A hiring decision is anticipated around Nov. 21.
The RFP is available on the city’s website.