Specifications include, but are not limited to: The consultant’s role will be to complete the following in a timely manner: 2.2.1. On or before February 21, Actuary will provide a preliminary estimate of the contribution necessary for the District to fund the normal cost and past service liability of the Pension Plan. This estimate will be used by the District for budget purposes. 2.2.2. On or before March 31, Actuary will: • Meet with the District’s personnel to review and determine the format of benefits statements. • Furnish individual employee benefit statements to the District which reflect each District employee’s benefit under the Pension Plan as of January 1 of each year in a format agreed upon (paper and electronic to upload into Oracle). 2.2.3. On or before May 1, actuary shall provide a list of future cash flows for the Pension Plan. 2.2.4. On or before May 1, Actuary shall furnish to the District an actuarial valuation for the District’s Pension Plan and Accrued Sick Leave Program’s liability as of January 1 of that year including but not limited to report specifying the following: • The contribution necessary for the District to fund the normal cost and past service liability; • A summary of actuarial valuation results; • Analysis of said Plan and Program’s experience in the prior year; • Reconciliation of membership; • Analysis of active members age and service; • Retired members or beneficiaries receiving monthly payments from the trust, vested terminated members, postponed retirees and survivor’s benefits; • A reconciliation of assets; • Information relative to Governmental Accounting Standards Board Statement No. 67 and 68 needed to comply with GASB financial reporting requirements; • OPEB Information relative to GASB 75 needed to comply with GASB financial reporting requirements; • A schedule of unfunded actuarial liability amortization; • A statement of actuarial assumptions; and • A summary of benefits and provisions of said Plan and Program.