Updated with correction
Colorado Public Employees’ Retirement Association, Denver, is searching for an investment consultant for its defined contribution plans, which include its $3 billion 401(k) Voluntary Investment Program, $818 million 457 Deferred Compensation Plan and $206 million DC Retirement Plan.
The search is being conducted because the board periodically rebids consulting contracts, said Katie Kaufmanis, spokeswoman for the $45.2 billion pension system. RVK is the current investment consultant and is invited to rebid.
The RFP is available on the retirement association's website. Proposals are due by noon MDT Sept. 9. A selection is expected to be made sometime in the fourth quarter.