ACTUARIAL VALUATION SERVICES

The City of Allentown is seeking actuarial valuation services for its three city-administered pension plans. The contract was awarded to Cheiron, Inc. after a competitive bidding process. The services include OPEB valuation and actuarial valuation for the years 2020-2024. The City of Allentown is an equal opportunity employer. Key aspects of the contract include: • The contract was awarded through a competitive bidding process • The services include OPEB valuation and actuarial valuation for the years 2020-2024 • The City of Allentown is an equal opportunity employer • The contract was approved by the City Council on January 20, 2021 • The vendor is required to obtain a valid business license and provide the required insurance before the contract can be executed.