RFP-JA- Actuarial Services GASB 45, 2011 - Actuarial Services GASB 45, 2011

Summary of Specifications:
The County of Morris is currently seeking proposals from qualified firms to provide an actuarial valuation of Post-Employment Benefits, Other than Pensions, for inclusion in the County of Morris 2011 audited financials, in compliance with Governmental Accounting Standards Board (GASB) Statement 45, which establishes standards for measurement, recognition, and display of “Other Post-Employment Benefit” (OPEB) expenditures and related liabilities, note disclosures, and required supplementary information in the financial reports of state and local government employers. Beginning in the calendar year ending December 31, 2007, the County has been required to provide the actuarial accrued liability and the annual required contribution (ARC) for OPEB at least every two years. A listing detailing the scope of services and the levels expected are included within this package. Please be advised that the levels of service may be subject to change at any time.