Government Contract | California
Actuarial and Consulting Services

Bid Information

Bid Alert No: 00000565199

Bid Title: Actuarial and Consulting Services

Agency Bid No. Title: Not Stated

Received Date: 05/10/2016

Close Date: 06/17/2016

Purchase Type: 3 year term

Delivery Point: Orange County, California

Delivery Date: Not Stated


Specifications include, but are not limited to:OCERS seeks one qualified actuarial firm to perform the following actuarial services: 6.1 Consulting and Advisory Services 6.1.1 Consult and advise the Board of Retirement on actuarial matters or questions, which arise out of or from the operations of the System. Services may be required in person, by telephone or by written correspondence (hard copy and/or electronic). 6.1.2 Provide in-person presentations of, and public testimony on, all actuarial reports/issues to the OCERS Board of Retirement or other public bodies on any actuarial or actuarially-related issue arising during the course of operations of the System. OCERS expects the consulting actuary to attend a minimum of five OCERS Board of Retirement meetings per calendar year to give presentations and/or answer questions, including two meetings to review the annual actuarial valuation (the first review of the draft valuation and a second meeting for the final approval). 6.1.3 Conduct educational discussions with the OCERS Board of Retirement, OCERS staff and/or OCERS Plan Sponsors and stakeholders. The presenting actuary must have the ability to discuss actuarial theory and other actuarial or pension subjects in laypersons terms. 6.1.4 Make recommendations of possible improvements in regards to OCERS Actuarial Funding Policy and the benefit structure of OCERS.

Bid Related Documents

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Product Code: 94612

Agency Information

Issuing Agency: Orange County Employees Retirement System (OCERS)

State: California

Agency Type: State and Local

Contact: 2223 E. Wellington Ave., Suite 100, Santa Ana, California, 92701



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