Actuarial audit services for employee retirement system
Actuarial Audit Services - ERS - 2023 - 001 — Solicitation 61462, issued by Maryland-National Capital Park & Planning Commission.
In plain English
Maryland-National Capital Park & Planning Commission's Employees' Retirement System seeks a qualified actuarial firm to conduct a full-scope audit of the June 30, 2023 actuarial valuation. The audit will verify the accuracy and adequacy of methods, assumptions, and conclusions prepared by the current consulting actuary, ensuring fiduciary compliance and system integrity.
Key facts
- Issuing agency
- Maryland-National Capital Park & Planning Commission
- Solicitation number
- 61462
- Type
- purchase
- Posted
- Sep 25, 2023
- Response deadline
- Oct 24, 2023, 5:00 PM EDT
Official description
Solicitation #43-116. Issued by Employees' Retirement System. This Request for Proposal (“RFP”) is issued by the Board of Trustees (“Board”) of the Maryland‑National Capital Park and Planning Commission Employees’ Retirement System (“ERS”) for the purpose of obtaining a qualified actuarial firm (“firm”) to conduct a full-scope actuarial audit of the ERS’ June 30, 2023 actuarial valuation. The Board hired Cheiron, Inc. (“Cheiron”) in March 2019 to provide annual actuarial valuations, experience studies, and consulting services. In its continuing efforts to carry out its fiduciary duties consistent with best practices of maintaining a system of checks and balances, the Board shall from time to time audit the work of its consulting actuary to confirm the accuracy of work and adequacy of methods, assumptions, and conclusions.
Respond to this bid
This solicitation is administered by the issuing agency through its opengov procurement portal. Submission happens there, not on SledAtlas.
The direct link to the source posting is included with a free SledAtlas account — coming soon. Join the waitlist on the home page to get access at launch.