Specifications include, but are not limited to: Professional companies to provide investment advisory services (“manage the investment managers”), management, and administration for the Aggregated Pension Plans. Management of the plans investment managers to ensure the highest possible rate of return while maintaining the security of the funds, preservation of principal and the generation of income and liquidity of funds as specified by the City’s investment policy. Manage the City’s pension funds through regular reporting requirements that identify monthly returns compared to the Pension Board’s determined benchmarks. The reports should be available for the City’s quarterly meetings or with a different frequency as communicated by the Pension Board.