Plymouth (Mass.) Retirement System is searching for a custodian.
The $237 million pension fund issued an RFP because the Massachusetts Public Employee Retirement Administration Commission requires services be put up for bid every seven years, said Wendy Cherry, executive director.
Current custodian People's United Bank is invited to rebid, she said.
The RFP is available on the website of investment consultant Fiducient Advisors, which is assisting with the search. Proposals are due at 4 p.m. EST on Dec. 30. A timeline for a selection has yet to be determined.