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The plan launched a search for investment consulting services late last year.
The plan committed $130 million total to four existing managers and one new manager in June.
Firm will oversee $566 million in cash and investments.
The plan increased its private credit target and added a commitment within the non-core fixed-income portfolio yesterday.
Plan reached an impasse in contract negotiations with a firm originally selected in February.
The consultant will be responsible for the plan’s stable value fund.
The current consultant was first hired in 2016.
The private equity director retires next month after serving in the position since 2017 and at the plan since 1998.
The new directors will be responsible for development strategy and institutional investor relationship management, among other duties.
The analysts are responsible for portfolio management, valuation and reporting, while the associate will provide client management and fundraising support.