US - The San Francisco City and County Employees' Retirement System (SFERS) has gone out to tender for a search firm to help it replace executive director Clare Murphy, says deputy director for investments David Kushner.
The deadline for submissions is January 15, according to the RFP issued on the system's web site. Officials at SFERS will recommend finalists to the board at a February 9 board meeting.
SFERS provides retirement benefits to 55,000 employees, retirees and their beneficiaries. The system manages a US$16bn defined benefit plan and a $1.7bn defined contribution plan.
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