RFI for Investment Consulting Services

August 15, 2024

Request For Information (RFI) for Investment Consulting Services

The Public Employees’ Retirement Association of Colorado (“Colorado PERA” or “PERA”) is seeking information from qualified firms to provide investment consulting services for its Voluntary Investment Program (401(k) Plan), Deferred Compensation Plan (457 Plan), and Defined Contribution Retirement Plan (DC Plan), (collectively referred to as the Capital Accumulation Plans, CAPs, DC, Plan or Plans).

In order to assist you in evaluating this opportunity and preparing a response, we have also included links to the following documents:

1. Our most recent Annual Comprehensive Financial Report (ACFR), which contains a description of the retirement plan, organizational chart, and details about plan assets;
2. PERA’s Statement of Investment Policy for the Voluntary Investment Program (401(k) Plan), Deferred Compensation Plan (457 Plan), and Defined Contribution Retirement Plan (DC Plan);
3. The lineup of PERA’s CAP investment offerings and underlying managers;
4. A scope of services statement;
5. Sample contract;
6. The statutes and rules governing PERA.

Colorado PERA provides retirement and other benefits to nearly 700,000 current and former teachers, State Troopers, corrections officers, snowplow drivers, and other public employees who provide valuable service to all of Colorado. PERA is a vital and stable contributor to Colorado’s economy, distributing $4.56 billion in 2023 to more than 114,000 retirees who live in Colorado.