PURPOSE #1: The Town of East Hartford intends to enter into a contract for pension actuarial services. The Town is seeking qualified firms to perform an actuarial valuation of the Town of East Hartford’s General Employee, Fire, Police, Telecommunications Operators (Dispatchers), and Board of Education Paraprofessionals Pension Plans and provide all information necessary for compliance with the reporting requirements of the Government Accounting Standards Board (GASB 67 - Financial Reporting for Pension Plans & GASB 68 - Accounting and Financial Reporting for Pensions). The purpose of this Request for Qualifications and Proposals (RFQ/RFP) is to define the Town's scope-of-services, solicit qualifications and proposals, and thereby help gather adequate information from which the Town may evaluate interested providers of such services. PURPOSE #2: The purpose of this Request for Proposal is to afford qualified actuarial firms to calculate the necessary information required to disclose GASB 67 - Financial Reporting for Pension Plans & GASB 68 - Accounting and Financial Reporting for Pensions liability for FY2024-2025. Additionally, the chosen firm should advise the Town and the Retirement and Pension Board on possible annual contributions related to the liability, prepare a cash flow plan to pay the benefits, be able to educate Town leaders, taxpayers and employees on the financial impact, as well as address all questions related to funding the benefit.