Johnston Board Seeks Actuarial Consultant

TheJohnston Retirement Boardis seeking to appoint an actuarial consultant,Pensions & Investmentsreports. The new candidate will be responsible for the $41 millionFire Fighter and Police Officer Pension Fund.

The selected consultant will replace independent benefits, compensation and human resources consultancySegal Co., which has also been invited to rebid. All the candidates are requested to submit their proposals by November 18. The Town of Johnston, Rhode Island, established a new retirement board for the fund earlier in 2011.

Click here for the story fromPensions & Investments.