Specifications include, but are not limited to: Outside Actuarial Services to perform Valuations for the state's 2 largest retirement system plans. Those 2 system plans are the Public Employees Retirement System (PERS), and Teachers Retirement System (TRS). The Valuations performed for these plans, determine the amount that the state will need to contribute to those retirement plans in order to meet the statutory amortization dates of the plans. To procure the services of an actuarial firm with qualified actuaries to provide other assistance and consultations to/with the CPRB Actuarial Staff, including but not limited to: • Peer review of the annual July 1st Actuarial Funding Valuations prepared by the CPRB Actuarial Staff, for the following plans: o Deputy Sheriffs Retirement System (DSRS) o Emergency Medical Services Retirement System (EMSRS) o Municipal Police Officers and Firefighters Retirement System (MPFRS) o Natural Resources Police Officers Retirement System (NRPORS) • Peer review of the annual June 30th GASB Statements No. 67 and No. 68 Actuarial Reports prepared by the CPRB Actuarial Staff, for the following plans: o Deputy Sheriffs Retirement System (DSRS) o Emergency Medical Services Retirement System (EMSRS) o Municipal Police Officers and Firefighters Retirement System (MPFR) o Natural Resources Police Officers Retirement System (NRPORS)
