The Los Angeles City Employees’ Retirement System (LACERS) is seeking proposals from qualified actuarial consulting firms with experience providing services to public employee pension funds. All firms meeting the minimum qualifications outlined in Section II of this RFP are invited to propose. LACERS seeks a firm dedicated to the exclusive interests of the System and its members in the provision of actuarial services; therefore, the resulting contract restricts the Consulting Actuary from contracting with the Plan Sponsor, the City of Los Angeles, during the contracting term. The Consulting Actuary may only provide services to the Plan Sponsor at the request of LACERS. Should the Plan Sponsor secure the services of an actuary or auditor, the Consulting Actuary must work cooperatively to provide the Plan Sponsor’s actuary or auditor with requested actuarial data.
