Marple Township, Broomall, Pa., is searching for an investment consultant for its $12 million Police Pension Plan and $5 million Non-Uniformed Pension Plan, said Anthony Hamaday, township manager.
The township is issuing an RFP to explore options and see how competitive other consultants are in terms of costs, Mr. Hamaday said. Current consultant SEI is invited to rebid.
Proposals are due at 1 p.m. EDT on Oct. 30. A timeline for a decision has yet to be determined.
The RFP will be posted within a week on the township's website.