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June 17, 2016 01:00 AM

Eugene, Ore., seeks administrator for deferred compensation plan

Meaghan Offerman
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    Eugene, Ore., is searching for a third-party administrator for its $140.5 million 457 deferred compensation plan, said James L. Trasport, purchasing analyst, in an e-mail.

    The contract of current administrator Voya Financial will expire Feb. 24. Voya is invited to rebid, Mr. Trasport wrote.

    The RFP is available on the city’s purchasing website. Registration is required. Proposals are due by 2:30 p.m. PDT on July 20. A hiring decision is expected the week of Oct. 3, with a Feb. 25 start date.

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