SACRAMENTO, Calif. - The $78 billion California Public Employees' Retirement System, re-started its search for a consulting actuary after a mix-up brought the process to a halt.
The five firms to be considered are The Wyatt Co., Actuarial Sciences, W.F. Corroon, Ed Friend and Buck Consultants.
The first scoring was disallowed, a source said, after a panel met to discuss and revise scores that were supposed to be independently made.
Those who will independently score the proposals are: Paul Boland, administrator for the San Diego County Employees' Retirement Association; DeWitt Bowman, former CalPERS chief investment officer; Connie Hiatt, San Francisco City and County Employees' Retirement System trustee; Sheryl Pressler, CalPERS CIO; and Fred Whiting, Los Angeles County Employees' Retirement Association executive.