EXTRA-21892 - USA (Washington, Pennsylvania) - Actuarial Consulting Services - Deadline October 11,2022

Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID: EXTRA-21892

Government Authority located in Washington, Pennsylvania; USA based organization looking for expert vendor for actuarial consulting services.

[A] Budget: Looking for Proposals

[B] Scope of Service:

Vendor needs to provide actuarial consulting services including, but not limited to, actuarial and administrative support to the government authority located in Washington, PA.
- Prepare the actuarial valuation reports as of January 1 of each odd-numbered year. These reports include benefit information on all members in the plans, as well as plan funding information. The valuation process should include a review of the actuarial assumptions as well as the plan’s overall condition.
- Prepare the act 205 forms to be submitted to the public employee retirement commission every other year.
- Prepare annual benefit statements showing benefit information for each member of the combined plans.
- Determine the minimum municipal obligation (MMO) required by act 205 to be submitted to the governing body by September 30th of each year.
- Assist the city in determining pension benefits for retired and terminated members.
- Provide assistance and attend meetings as required or requested by the board to review the plans’ actuarial status.

[C] Eligibility:

- Onshore (USA Organization Only);

[D] Work Performance:

Performance of the work will be Offsite. Vendor needs to carry work in their office location.

Expiry Date : Tuesday, 11 October, 2022

Category : Professional, Consulting, Administrative or Management Support Services

Country : USA

State : Pennsylvania

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