Johnston Board Seeks Actuarial Consultant

The Johnston Retirement Board is seeking to appoint an actuarial consultant.

The Johnston Retirement Board is seeking to appoint an actuarial consultant, Pensions & Investments reports. The new candidate will be responsible for the $41 million Fire Fighter and Police Officer Pension Fund.

The selected consultant will replace independent benefits, compensation and human resources consultancy Segal 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.

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