Searches and Hires

Houston issues call for 457 plan provider

Houston is searching for a bundled provider for its 457 plan, said an RFP on the city's purchasing website. The reason for the search and whether incumbent provider Empower Retirement can rebid could not immediately be learned. As of Dec. 31, the 457 plan had approximately $1 billion in assets.

The RFP is available on the city's purchasing website. Proposals are due by 4 p.m. CDT on April 26. Registration is required. A hiring decision is anticipated in June.

A purchasing official could not immediately be reached for additional information.