Specifications include, but are not limited to: The State of Tennessee, Department of Treasury (“the State”) issues this Request for Information (“RFI”) for the purpose of ascertaining options and offerings currently available in the business market focused on Pension Administration Software (“PAS”) systems. The intent of this RFI is to gather information and better understand current industry practices and service options available to the Tennessee Consolidated Retirement System (TCRS). TCRS has provided the questions below in an attempt to understand the services available and the level of maturity of the market. We appreciate your input and participation in this process. All vendors with appropriate product offerings and knowledge relating to the requirements described herein are invited to submit a response to this RFI. The response should discuss the vendor’s capabilities to provide products and assist TCRS in understanding product offering capabilities. Reponses should also address the functional, technical, and other questions specified in this RFI. The information obtained from responses to this request will be used to assist TCRS (i) in determining whether to implement a new and enhanced pension administration software system and if so, (ii) to improve the quality of any future Request for Proposal (“RFP”) developed to procure products and services. This request is strictly a mechanism for gathering information and will not constitute a procurement process. This RFI is not a competition, and the information submitted in writing will be used only to improve the State’s knowledge of a vendor’s capability to provide the products and services sought. No evaluation of participating vendors will occur, and your participation is not a promise of future business with TCRS. The State appreciates your cooperation and looks forward to a meaningful and productive research effort. The response should provide a straightforward, concise delineation of the Responder’s capabilities to serve the needs of TCRS. In your response, please describe your organization’s qualifications and the resources available to draw on, to assist TCRS. It is expected that the Responder will possess a minimum ten (10) years of demonstrable business experience with Pension Administration Solutions.
