Mendocino County Employees Retirement Association, Ukiah, Calif., rehired Callan as its investment consultant, confirmed James Wilbanks, retirement administrator for the $519 million pension plan.
The search was launched in August because the plan's contract with Callan is expiring at the end of the year.
Aon Hewitt Investment Consulting, Meketa Investment Group and NEPC were the other finalists.
The plan's current target asset allocation is 29% international equity, 26.6% large-cap domestic equity, 22% fixed income, 11% real estate, and 5.7% each to small-cap and midcap domestic equities.
