Comment on Oklahoma state auditor claims bias in selection of Oklahoma Pension Commission management consultant

Oklahoma state auditor claims bias in selection of Oklahoma Pension Commission management consultant

By Randy Ellis, Staff WriterThe Oklahoma Pension Commission showed unfair bias and abused the competitive bidding process in the way it selected NEPC, LLC, to continue as the pension fund’s management consultant, says state Auditor Gary Jones. Some commissioners also may have violated the Oklahoma Open Meeting Act, he said. “This is what allows corruption to start to happen, if you don’t understand the basic concept of fair treatment,” said Jones, who was the only commission member to vote against the selection of NEPC last week.Read more on NewsOK.com

 

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