Specifications include, but are not limited to: The Town of Simsbury, Connecticut (hereafter referred to as “the Town” or “Town”) is requesting proposals from qualified consulting firms (hereafter referred to as “Consultant”) to provide pension and OPEB actuarial services, on behalf of its three single-employer Defined Benefit Pension Plans: General Government Pension Plan, Police Pension Plan and Board of Education Pension Plan (hereafter referred to as “the Plans” or “Plans”), in order to comply with the Governmental Accounting Standards Board (GASB) Statement 67/68 & 74/75 and the requirements of future GASB pronouncements, as well as the data necessary to prepare any reports required by the federal government relative to the Plans. The Town of Simsbury reserves the right to accept or reject, without prejudice, any or all submissions or to waive any irregularities therein, or to accept the submission deemed to be in the best interest of the Town of Simsbury. The Town is not responsible for any costs incurred by the proposers in the preparation of the proposals or any work performed prior to the approval of the executed contract.
