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EXTRA-14501 - USA (Santa Ana, California) - Actuarial Consulting Services - Deadline October 21,2021

Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID: EXTRA-14501

Government Authority located in Santa Ana, California; USA based organization looking for expert vendor for actuarial consulting services.

[A] Budget: Looking for Proposal

[B] Scope of Service:

(1) Vendor needs to provide actuarial consulting services shall include estimates of the Plan’s liabilities and expenses as of June 30, 2023, and June 30, 2025 to the government authority located in Santa Ana, CA.
- Report shall include, but not limited to the following information: a) Executive summary; b) Summary of Plan/Benefits provisions; c) Participant statistics including distribution of Actives and Retirees. Distributions should also include by differences in retiree medical plan benefits and other
necessary groupings which may materially affect the Plan’s liabilities and expense; d) Description of actuarial methods and policy and a summary of actuarial assumptions.
- Retiree Medical: assist with the study of alternative methods to reduce the county's retiree medical costs and liabilities; assist the CEO/human resource services (hrs)/employee benefits in analyzing retiree healthcare actuarial information provided by the county's health and welfare actuary; assist with analysis of various negotiation proposals and their impact on retiree medical costs and liabilities; assist with analysis of other retiree medical issues as requested by the county; assist with analysis of impact to valuation and UAAL if funds were moved to another type trust accounts or another alternative.
(2) All question must be submitted no later than October 07, 2021.

[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 : Thursday, 21 October, 2021

Category : Professional, Consulting, Administrative or Management Support Services, Uncategorized

Country : USA

State : California

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