Postemployment Benefits Actuarial Services

The County of Sacramento is seeking a provider of actuarial services to support GASB Statement No. 75 compliance, including valuation reports for retiree health care across multiple agencies. The selected provider will be required to prepare financial reporting data for both cash and implicit subsidies over several fiscal years, based on actuarial valuations. The scope of work includes providing actuarial valuation reports for the County and other agencies, as well as providing the basis for the County's GASB 75 financial reporting. The provider will be expected to have experience with preparing GASB 75 actuarial valuation services and possess valid Enrolled Actuary credentials. Some key points to consider are: • The provider will be required to provide detailed GASB 75 reports tailored to each entity, with actuarial data to assist in the County's Annual Financial Report. • The provider will need to have experience with preparing GASB 75 actuarial valuation services in accordance with Actuarial Standards of Practice. • The provider will need to have valid Enrolled Actuary credentials. • The provider will need to have at least five years of experience providing similar services to other local governmental agencies of similar size to the County in the State of California. • The provider will need to have offices in the State of California.