The city is seeking an investment consultant for its 401a/457 and OPEB plans.
The commitment represents the plan’s third with the real estate manager.
The plan has also cancelled its exploratory real estate search.
The plan also made a real estate commitment at today’s board meeting.
The city rehired its incumbent following a similar search in 2022.
The plan also lost its executive director to a neighboring retirement fund.
The pension fund interviewed three finalists at a special board meeting this week.
The commitments made earlier this month include a first-time manager for the plan.
The plan lost its deputy cio to another state pension fund last year.
The search is part of an asset allocation implementation plan.