Actuarial Consulting Services to the Massachusetts Port Authority Employees’ Retirement System and the Massachusetts Port Authority Retiree Benefits Trust. The Board of the Massachusetts Port Authority Employees’ Retirement System (MPAERS) and the Committee of the Massachusetts Port Authority Retiree Benefits Trust (RBT) are seeking proposals from qualified actuarial consulting firms to perform actuarial valuations for both the retirement benefits provided by the Massachusetts Port Authority for their employees under M.G.L. c. 32 and St. 1978, c. 487, § 2 and retiree benefits for group health, life and dental insurance collectively referred to as “OPEB” or “other post retirement benefits”. As of 1/1/25 the MPAERS and the RBT have assets totaling approximating $892 million and $346 million, respectively.
