Actuarial Services

The Town of Vienna has awarded a contract to Boomershine Consulting Group for actuarial services. The contract includes services such as actuarial valuations, benefit statements, and GASB updates. The total fee for the services is $17,450 per year, with additional fees for ad-hoc work. The contract has a duration of 2 years, with options for renewal. The points-of-contact for the contract are Gerald K. Amacker, Procurement Officer, and Gregory M. Stump, Vice President and Chief Actuary of Boomershine Consulting Group. Key aspects of the contract include: • Actuarial valuations for non-sworn and sworn plans • Benefit statements for active employees • GASB updates • Ad-hoc work at hourly rates • Contract renewal options