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Actuarial Services for Pension Plans

Publication Date
03/13/2018 07:56 AM EDT
Closing Date
04/19/2018 10:00 AM EDT
Issuing Organization
City of Dallas
Solicitation Number

Specifications include, but are not limited to: The City of Dallas (“the City”) is requesting proposals for Texas Government Code Section 802.1012 compliant level two actuarial reviews for each of the City of Dallas pension systems (referred to as an “actuarial audit” in the Government Code). The City of Dallas has three pension funds: 1) Employees’ Retirement Fund, 2) Dallas Police and Fire Pension System, and 3) Dallas Police and Fire Pension System – Supplemental Plan. A level two actuarial review uses a sampling of participant data to test the results of the valuation. The review will examine the plan’s methods and assumptions for reasonableness and internal consistency. The review will note any significant and unanticipated changes in asset or liability trends or funded ratio, actuarial methods and assumptions used which are not consistent with statute, ordinance, and/or those approved by the board, and actuarial methods and assumptions which are not consistent with plan objectives.

https://bids.dallascityhall.com/webapp/VSSPROD/AltSelfService;jsessionid=00004paV_5W6s9negzAZhprwNm_:-1 (opens in a new window)

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