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Utah County names Prudential as retirement record keeper amid commissioners’ integrity concerns
Summary
After debate over past practices and audit findings, commissioners accepted a consultant’s recommendation and selected Prudential as the county’s retirement record keeper by a 3-0 vote; commissioners asked the consultant to monitor performance and potential conflicts going forward.
The Utah County Board of Commissioners voted 3-0 to receive the benefits committee’s recommendation and select Prudential as the county’s retirement plan record keeper, concluding a procurement process that produced seven proposals and a multi-stage evaluation by county staff and consulting firm Soltis.
Robert Baxter, purchasing manager, said the benefits committee and Soltis shortlisted four finalists and recommended three candidates to the commission. Much of the meeting’s discussion focused on concerns raised by a commissioner who said…
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