Advisory Services for Pension Administration System Evaluation and RFP Development

The New York City Fire Pension Fund is seeking a qualified consulting firm to evaluate its current Pension Administration System (PAS), develop comprehensive business, functional and technical requirements, and draft a future‑state RFP for the replacement system. The effort includes analysis of existing tools, recommendation of a migration path, and support during the evaluation of subsequent proposals. The contract is capped at $490,000, runs for up to one year, and requires on‑site interaction with Fund staff. • Conduct a thorough analysis of the existing PAS, including compounding‑interest, mortality‑table, and SQL‑heavy calculations. • Produce a Recommendations Report and a complete RFP package for the new PAS, covering functional, technical and non‑functional specifications. • Provide advisory support for scoring and evaluating bids on the subsequent PAS procurement, and advise on staffing, AI‑impact, and change‑management needs.