327 Actuarial services and pension plan consulting services for the State Employes' Retirement System; request for proposals

STATE EMPLOYES' RETIREMENT BOARD

Actuarial Services and Pension Plan Consulting Services for the State Employes' Retirement System; Request for Proposals

[26 Pa.B. 958]

   The State Employes' Retirement Board, on behalf of the Commonwealth, is issuing a Request for Proposal (RFP) for Actuarial Services and Pension Plan Consulting Services for the State Employes' Retirement System (SERS). The primary duties of the consultant are to: (1) provide actuarial services; (2) make an annual valuation of the State Employes' Retirement Fund within 6 months of the end of each calendar year; (3) conduct an actuarial investigation and experience analysis of the Fund based on data, including the mortality, service and compensation experience, during the preceding 5 years concerning members, annuitants and beneficiaries; and (4) provide pension plan consulting services in such areas as strategic planning, benefit communications, plan design and human resources issues.

   Proposals must be submitted in eight copies to Susan C. Hostetter, Director, Bureau of Benefit Administration, SERS, 30 N. Third Street, P. O. Box 1147, Harrisburg, PA 17108-1147. The deadline to submit proposals is stated in the RFP package.

   A preproposal conference will be held for the Request for Proposal (date provided in the RFP). Prospective bidders are invited to attend this meeting before developing proposals. It will be held at the SERS offices on the 5th floor at 30 N. Third Street, Harrisburg, PA at 9:30 a.m. Because of limited facilities, only two representatives per vendor will be permitted to attend this conference.

   The purpose of the preproposal conference is to clarify any points which may not have been understood in the Request for Proposal. Please submit any pertinent questions in written form 2 days prior to the preproposal conference. All prospective bidders will be provided with answers to the questions submitted, in writing, 1 week after the preproposal conference date.

   Interested parties may write to Susan C. Hostetter, Director, Bureau of Benefit Administration, at the above referenced address or fax your request to [phone] to obtain a copy of this Request for Proposal. Late proposals will not be considered regardless of the reason.

JOHN BROSIUS,   
Executive Director

[Pa.B. Doc. No. 96-327. Filed for public inspection March 1, 1996, 9:00 a.m.]