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  5. ›RFI for Pension Administration System Replacement…

New York State Teachers' Retirement System·New York

RFI for Pension Administration System Replacement - Readiness Assessment

Closes 8/21/2026$200k – $5MRequest for InformationLogin required
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Description

NYSTRS is assessing the potential replacement of its legacy Pension Administration System (PAS), a twenty-year-old platform carrying significant technical debt. The system currently has more than 200+ initiatives open in ServiceNow regarding new features, enhancements and defects related to this system, highlighting the need for modernization. The anticipated sunsetting of PeopleSoft in 2037, along with peers’ lengthy modernization timelines, has prompted NYSTRS to begin this effort. Before replacing PAS, NYSTRS will conduct a Readiness Assessment to prepare for a new system. This RFI is issued solely for market research and will inform the structure and scope of a future Readiness Assessment RFP. IMPORTANT NOTICE – Document Distribution: NYSTRS officially distributes bidding documents through Bonfire (Euna Procurement). Copies of solicitation documents obtained from any other source are not considered official copies. Only those vendors who obtain solicitation documents from the Bonfire Portal are guaranteed to receive all attachments, drawings or addendum information, if such information is issued. If you have obtained this document from a source other than through the official Bonfire System, it is recommended that you obtain an official copy. Vendors interested in obtaining the official version of the solicitation may register to download the solicitation at: https://nystrs.bonfirehub.com/portal.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Shelly Gilchrist(Contract Management Specialist 3)

[email protected]

(518) 447-2818

Key dates

Opened
8/3/2026
Closes
8/21/2026

Last updated

Details

Type
Request for Information
Industry
Information Technology and Software Development
NAICS
541512
Solicitation №
2137752

Budget estimate

$200,000 – $5,000,000

The budget for this opportunity is difficult to estimate, as it is a Request for Information (RFI) and not a Request for Proposal (RFP). However, based on the scope of work, which includes assessing the potential replacement of a legacy Pension Administration System and preparing for a new system, the budget could be substantial. The cost of replacing a legacy system can range from hundreds of thousands to millions of dollars, depending on the complexity of the system and the number of users. Additionally, the cost of consulting services for the Readiness Assessment could add tens of thousands to hundreds of thousands of dollars. Therefore, a rough estimate for the budget could be between $200,000 and $5 million.

AI estimate from the solicitation

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