Woodstock (Ill.) Police Pension Fund is searching for an investment consultant, said Dennis Leard, president of the pension fund's board of trustees.
The $22 million pension fund has issued the RFP as a normal exercise required by Illinois statute, Mr. Leard said. Current consultant RBC Wealth Management is expected to rebid, he said.
The RFP is available on the city's website. Proposals are due at 4 p.m. CDT on June 14. A timeline for a decision was not provided.