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Pennsylvania Public School Employees' Retirement System·Pennsylvania

Actuarial Services

Closes 2/2/2026$2.5M – $10MRequest for Proposal
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Description

The Public School Employees' Retirement System (PSERS) is seeking a contractor to provide actuarial services, including valuation services, stress testing, experience study services, and consulting and advisory services. The contract will be for a period of 5 years, with an anticipated effective date of July 1, 2026. The contractor will be expected to provide actuarial services, including preparation of annual valuations, stress testing, and experience studies, as well as consulting and advisory services. The contractor will also be expected to attend board meetings and provide presentations on actuarial topics. • The contractor will be responsible for providing actuarial services, including valuation services, stress testing, and experience study services. • The contractor will be expected to provide consulting and advisory services, including attendance at board meetings and presentations on actuarial topics. • The contract will be for a period of 5 years, with an anticipated effective date of July 1, 2026. • The contractor will be expected to provide actuarial services, including preparation of annual valuations, stress testing, and experience studies.

Attached files

Contact

William Spiker(Issuing Officer)

[email protected]

(717) 720-4824

Key dates

Opened
1/7/2026
Questions due
1/16/2026
Pre-bid meeting
1/13/2026
Closes
2/2/2026
Duration
5 years

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
524292
Solicitation №
RFP2025-04

Budget estimate

$2,500,000 – $10,000,000

The budget for this opportunity is not explicitly stated in the document. However, based on the scope of work and the fact that it is a 5-year contract, it is likely that the budget will be in the range of $500,000 to $2 million per year, depending on the level of services provided and the complexity of the work. The total budget for the 5-year period could be in the range of $2.5 million to $10 million. The factors that may influence the likely payment range include the level of expertise required, the complexity of the work, and the level of competition for the contract.

AI estimate from the solicitation

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