Pension Actuarial Audit and Actuarial Report Services
Location:
Howell, Michigan, United States
Posted on:
Deadline:
Summary:
Howell County seeks a vendor to perform an actuarial audit of defined benefit pension plans and deliver a detailed actuarial report, including an independent review of assumptions, methods, and compliance with standards.
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The selected vendor will conduct a pension actuarial audit of Howell County's defined benefit pension plan(s) and prepare a comprehensive actuarial report of findings and results. Responsibilities include providing an independent evaluation of actuarial assumptions, methods, calculations, and ensuring compliance with all relevant Governmental Accounting Standards Board regulations and applicable accounting and reporting standards.
The scope of work includes a thorough review of the actuarial valuation, assumptions, and methods utilized in the pension plan. The contractor will assess the accuracy of calculations and report on the plan's compliance with established financial and reporting requirements. The engagement will last for one year and all questions regarding the RFP must be submitted by March 18, 2026.
Best-fit vendors:
• Experienced actuarial consulting firm with expertise in public sector pension plans
• Demonstrated knowledge of Governmental Accounting Standards Board (GASB) regulations
• Proven track record in actuarial auditing and reporting
• Ability to provide independent, objective evaluations
• Presence or ability to serve clients in Michigan
