Mississippi Public Employees' Retirement System, Jackson, rehired Callan as investment consultant, said Lorrie Tingle, chief investment officer, in an email.
The $28.2 billion pension fund issued an RFP in November because Callan's contract is expiring. Other finalists were Aon Hewitt Investment Consulting and Verus Advisory.
As of Dec. 31, the pension fund's asset allocation was 27.9% domestic equities, 23.7% international equities, 18.1% fixed income, 12% global equities, 9.8% real estate, 7% private equity and 1.5% cash.