Searches and Hires

Burlington Employees on the lookout for pension administration services

Burlington (Vt.) Employees Retirement System is searching for firms to provide administration services for its $195 million defined benefit plan.

Investment consultant Dahab Associates is assisting with the search.

Interested firms must have at least five years of experience in providing such services to at least 20 clients, the RFP said. The initial contract will be for three years with an option for a three-year extension.

The RFP is available on the city's website. Proposals are due by 3 p.m. EST on Dec. 21. A selection is expected to be made by Feb. 13, according to the RFP.

Rich Goodwin, director-financial operations, could not be immediately reached for additional information.