A government authority in California is seeking a vendor to provide other post-employment benefit valuations and actuarial consulting services. The scope includes delivering actuarial valuations that provide actuarial funding cost analyses under a full-funding policy, and preparing accounting reports with actuarial calculations that comply with all applicable Governmental Accounting Standards Board (GASB) statements, including GASB 74 and GASB 75, as well as generally accepted accounting principles (GAAP) and other relevant GASB standards.

The selected firm will be responsible for ensuring that all valuations and reports adhere to the latest regulatory requirements and best practices for postemployment benefits other than pensions, facilitating the government's compliance with financial reporting mandates.