Boise (Idaho) Governmental 457 Deferred Compensation Plan hired Lincoln Financial Group as bundled provider, said Missy Morrison, city purchasing specialist, in an e-mail.
The hire is pending contract negotiations, and then final City Council approval. Ms. Morrison said she hopes to have the transition occur by April or sooner.
The $74 million 457 plan issued an RFP in July as a standard fiduciary action. Current provider Empower Retirement and MassMutual Financial were the other finalists.
