The plan is seeking its first investment officer.
The search complies with standard state procurement laws.
The plan is seeking an intermediate fixed-income manager within its stable value fund investment option.
The new manager will handle approximately $450 million.
The plan’s upcoming search will not include its incumbents.
The plan hired two firms after finalist interviews last week.
The fund is looking to hire one firm to handle its approximately $841 million insurance program.
The two investment officers will begin in their new positions next week.
The plan had been scheduled to issue the RFP for due diligence purposes.
The plan’s current small-cap core manager was first hired in 2008.