When is the submission deadline?

Submissions are due December 12, 2026.

It was issued by Pennsylvania Municipal Retirement System. The work is located in Pennsylvania, United States.

Who is a good fit for this opportunity?

Actuarial consulting firm with public-sector experience. Expertise in Act 205 municipal pension obligations. Experience preparing GASB 67 and GASB 68 valuations and reporting. Qualified actuaries with accounting valuation expertise.

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Overview

Financial, Legal, HR & Staffing

Pennsylvania, United StatesPosted: October 3, 2026Deadline: December 12, 2026

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SUMMARY

A Pennsylvania government authority seeks actuarial consulting services for Act 205 minimum municipal obligation determinations and GASB 67 and GASB 68 reporting requirements.

KEY REQUIREMENTS

Must have staff actuary qualified to prepare and sign Act 205 Reports
Must provide financial statements for the past three fiscal years
Must provide a subcontracting plan for all subcontractors
Must be able to provide actuarial modeling tool that is web-based
Must be available by telephone or written communication within 36 hours
Must submit a PMRB-30 Disclosures form
Must provide proof of financial stability and economic capability

TIMELINE

January 1st, 2027: Annual valuation date for PMRS.

March 31st: Deadline for actuarial certification information for CAFR.

June 30th: Annual deadline for report on Investment Reserve excess interest.

June 30th, 2030: Deadline for delivery of the 5-year experience study.

December 31st: Deadline for GASB 68 Reports.

Issuing Agency

Pennsylvania Municipal Retirement System

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DESCRIPTION

The government authority in Pennsylvania is seeking professional actuarial consulting services and advice related to the determination of the minimum municipal obligation under Act 205.

The services will also include other actuarial and accounting valuation work, including separate composite reporting under GASB 67 and reporting for each municipality under GASB 68.

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Frequently asked questions

When is the submission deadline?: Submissions are due December 12, 2026.
Who issued this RFP?: It was issued by Pennsylvania Municipal Retirement System. The work is located in Pennsylvania, United States.
Who is a good fit for this opportunity?: Actuarial consulting firm with public-sector experience
Expertise in Act 205 municipal pension obligations
Experience preparing GASB 67 and GASB 68 valuations and reporting
Qualified actuaries with accounting valuation expertise

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Settle pieces together buyer signals, budgets, contract activity, and the sources your team already monitors. See why an opportunity fits and what to do before the RFP posts.

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