The State Universities Retirement System (SURS) has issued this Request for Proposal (RFP) to procure full service recordkeeping, custodial, and investment services for the Self-Managed Plan ("SMP"), an IRC Section 401(a) retirement plan, and a new supplemental plan under IRC Section 457(b) ("Supplemental Plan").
SURS is seeking to redesign the SMP to help better enable participants to maintain their standard of living in retirement. SURS is launching the Supplemental Plan to provide members with the tools they need to address any retirement readiness gaps.
|Quiet Period Begins||December 6, 2018|
|RFP Issued||January 21, 2019|
|Deadline for Responder Questions||January 29, 2019|
|Response to Questions||February 6, 2019|
|Bidders' Conference Call - Details Provided in Question & Answer Document||February 11, 2019|
|RFP Responses Due 4:30 p.m. CST||February 25, 2019|
|Recordkeeping Evaluations||March - May 2019|
|Investment Solution Evaluations||April - June 2019|
|Recordkeeping Candidate Interviews||Late June 2019|
|Onsite at Recordkeeper headquarters (optional)||Mid July 2019|
|Investment Solution Interviews||August 2019|
|Deadline for Selection of Recordkeeper(s)||September 12, 2019|
|Deadline for Selection of Investment Services||October 17, 2019|
|All dates subject to change at SURS discretion|