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Awarding Agency
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Agency Name and Address |
Plymouth, County of
Retirement Association
60 Industrial Park Road
Plymouth, MA 02360 |
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Bid Number |
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Contact Information |
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Name |
Adam Wedge |
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Title |
Chief of Staff & Operations |
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Phone |
508-830-1803 |
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Fax |
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Email Address |
awedge@pcr-ma.org
Notify email address listed when final publish date assigned. |
Address
(if different from above) |
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Description |
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Seeking proposals from qualified Actuaries and Actuarial Service providers to conduct a full actuarial valuation and review of the system to determine if assets and contributions are sufficient to provide prescribed benefits under M.G.L. c. 32 and c. 34B, ยง 19, as well as providing appropriate bi-annual funding schedules pursuant to M.G.L. c. 32. Assets of the Plymouth County Retirement System ("System") are valued at approximately $1.6 billion. The successful proposer will also advise the Retirement Board regarding matters that impact on the actuarial funding schedule required by M.G.L. c. 32. |
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Contract Information |
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Estimated Rate |
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Duration |
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Bid Release Date |
12/1/25 |
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Bid Release Time |
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Bid Deadline Date |
1/9/26 |
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Bid Deadline Time |
12:00 P.M. |
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Additional Information |
Actuarial staff that has performed actuarial valuations for defined benefit pension plans for at least three years.
2. A minimum of one staff member that is a Fellow or Associate of the Society of Actuaries or is a Fellow or Associate of the Conference of Actuaries in Public Practice or is a member of the American Academy of Actuaries, and an otherwise Enrolled Actuary (making note of specific designations). 3. Actuaries that have performed at least five actuarial valuations of defined benefit pension plans sponsored by a governmental entity, making note of the state (e.g. MA). |
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View the online copy of this publication.(hyperlink)
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