The firms mutually agreed to terminate their prior agreement to combine, ending litigation with the U.S. Department of Justice.

The plan is looking for a firm to provide plan design and administration, record keeping, investment option selection, monitoring and trustee/fiduciary education.

The plan bolstered its private equity portfolio with the approval of a commitment at today’s meeting.

The city is seeking proposals for record keeping, administration, investment platform and compliance services as well as investment advisory services for its 457 plan.