Upper Chichester Township seeks custodial services for DB, DC plans

Upper Chichester Township, Boothwyn, Pa., is seeking custodial services for its two defined benefit plans and one defined contribution plan.

The plans are the $15 million Upper Chichester Township DB Police Pension Plan, the $3 million Upper Chichester Township DB Non-Uniform Pension Fund, and the $133,345 Upper Chichester Township DC Non-Uniformed Pension Plan.

Separate trust funds and custodial accounts are required for each of the plans.

The RFP is available on the township's website. Proposals are due 4 p.m. EDT Sept. 21. A selection date was not disclosed.

Township manager George L. Needles III could not be immediately reached for additional comment.