The plan eliminated its TIPS target as part of a new asset allocation policy approved in March.
The retirement fund will interview three finalists in its general investment consultant search next week.
The commitment represents a new manager relationship for the retirement system.
The plan expects to issue an award notice on July 18.
The retirement system diversified its domestic bond portfolio with the investment on April 1.
The association has issued an RFP seeking investment advisors for a newly established permanent endowment fund with an initial investment of $500,000 to $1 million.
The retirement fund also tabled a proposed value-add real estate commitment today.
The retirement system will discuss implementing its new strategic asset allocation with manager searches.
The pension system also reviewed a private equity pacing plan last week and sent out an invitation only multi-asset credit RFP in April.
The search is being conducted for due diligence purposes.