San Jose (Calif.) Deferred Compensation Advisory Committee will likely launch a search for an investment consultant in the first quarter of 2019, said Amy Morton, senior analyst, benefits division.
The $993 million 457 plan will issue the RFP because the contract with current consultant Buck is expiring on Dec. 31, 2019. Buck is invited to rebid.
The RFP will be posted on the city's purchasing website. A specific timeline is not yet available, but a decision is likely several months before the end of the contract, Ms. Morton said.