County of Northampton: Retirement Actuarial Services

The County of Northampton is seeking proposals for retirement and pension actuarial consulting services. The successful firm will provide comprehensive actuarial services, including annual actuarial valuations, funding requirements, and periodic bulletins. The contract term is for five years, with the option to renew for two additional five-year periods. The County is looking for a firm with public plan experience and the ability to communicate effectively. The proposal should include information on the firm's qualifications, experience, and pricing, as well as references and a description of the work to be performed. • The County is seeking a firm to provide actuarial services for its retirement plan, which has approximately 1500 employees and 1600 retired former employees and dependents eligible or receiving benefits. • The successful firm will be required to provide regular services, including annual actuarial reports and routine consultation with the Administrator. • The firm will also be required to provide special services, such as preparation of communications pieces and experience studies. • The County is looking for a firm with experience in public plan actuarial services and the ability to provide high-quality services at a competitive price.