The government authority in Laconia, New Hampshire is seeking a qualified vendor to provide actuarial services. The scope of work includes preparing an actuarial valuation of the city’s liability for post-retirement health and other benefits, addressing both current retirees and future retirees.

The selected firm will be required to organize in-person or telephone meetings as needed for project planning, decision-making, and reporting on the progress of the analysis. Responsibilities also include data analysis to identify inconsistencies, offering recommendations to enhance data quality, and evaluating any implicit rate subsidy and its effect on liability. The vendor must prepare the required materials for inclusion in the comprehensive annual financial report to ensure compliance and offer strategic recommendations for managing liability, which may involve proposed changes to plan design.