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UNCT-14511 - USA (East Moline, Illinois) - Actuarial Services - Deadline November 13,2019

Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID: UNCT-14511

Government Authority located in East Moline, Illinois; USA based organization looking for expert vendor for actuarial services

[A] Budget: Looking for proposal

[B] Scope of Service:

- Vendor needs to provide actuarial services firefighters pension fund and police pension fund, and the other post-employment benefits to the government authority located in East Moline, IL. - Providing two separate annual actuarial valuations of the east moline firefighters’ pension fund and the east moline police pension fund, and one actuarial valuation for OPEB for January 1, 2020 and January 1, 2022 which complies with governmental accounting board standards pronouncements in effect at the time of the valuation. (A) The selected actuary should provide information necessary in order for the city to comply with all financial reporting and disclosure requirements. (B) An overview and summary of the city’s OPEB during the years that a full report is not required; - Providing the Annual Tax Levy requirement for each pension fund; - Attending, in person, one or two city council meetings and pension board meetings to discuss the results of the actuarial valuations when complete; - Providing various funding scenarios, considering different assumptions and ensuring the statutory requirements are met; - Reviewing the actuarial assumptions and provide suggestions to the City; - Providing GASB statement disclosure information for the comprehensive annual financial report not later than April 30th of each year;

[C] Eligibility:

Onshore (USA Only)

[D] Work Performance:

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

Expiry Date : Wednesday, 13 November, 2019

Category : Uncategorized

Country : USA

State : Illinois

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