Upcoming Procurement Data
General Information
Solicitation Title:
General Investment Consulting
Agency:
Public School Employees' Retirement System
Existing Contract Number:
4300775990
Contract Expiration Date:
6/6/2027
Proposed Method of Procurement:
Description:
PSERS is the administrator of a cost-sharing multiple-employer defined benefit retirement system (the “Defined Benefit Plan”) established by the Commonwealth to provide pension benefits for employees of the public school system in the Commonwealth. PSERS’ funding policy provides for periodic member contributions at statutory rates and periodic employer contributions at actuarially determined rates that are sufficient to accumulate assets to pay defined benefits when due. The Public School Employees’ Retirement Fund (“Fund”) consists of all monies of the Defined Benefit Plan. As provided by statutes, the PSERS’ Board of Trustees (“Board”) has exclusive control and management responsibility of the Fund and full power to invest the Fund. The purpose of this RFP is to obtain the services of an offeror to provide investment consulting and/or performance evaluation services for all PSERS’ asset classes. PSERS is currently in the process of attaining Global Investment Performance Standard (GIPS) verification for asset owners.
Review Information
Issuing Office:
Public School Employees' Retirement System
Contact Person:
Psers Denise Holliday
Contact Email:
ra-psprocurement@pa.gov