The governing board of the New York State Deferred Compensation Plan, Albany, rehired Callan LLC as its independent investment consultant for a five-year contract starting March 31, 2022, confirmed David Fischer, executive director of the $33 billion plan.
Although Callan is the incumbent, the board conducted an RFP, a routine procedure, Mr. Fischer said in an email.
The three-member board took the action during a teleconference meeting Monday.
