Lower Southampton Township, Feasterville, Pa., is searching for an investment consultant for its $13 million police pension plan and $3 million non-uniform pension plan, said John McMenamin, township manager.
The township is conducting the search as a due diligence measure, Mr. McMenamin said. Current consultant Morgan Stanley is invited to rebid.
The RFP is available on the township’s website.
Proposals are due Sept. 15. A decision is expected in December.