A government authority in California is seeking a contractor to provide post-employment benefit valuations and actuarial consulting services. The selected firm will conduct actuarial valuations, including calculations of funding costs under a full-funding policy, and prepare detailed accounting reports with actuarial calculations. Responsibilities include gathering, analyzing, and reporting data on prefunding options, assumptions, and economic factors, as well as responding to auditor inquiries.

The contractor will also provide consulting services, analyze and interpret reports, and present findings and underlying assumptions to various stakeholders such as the Controller, Department of Finance, and the Legislature. Additional duties include advising on federal legislative and regulatory developments affecting agency benefit plans, providing actuarial certifications and technical documentation signed by the Principal Actuary, and ensuring all deliverables adhere to actuarial protocols with thorough reviews for accuracy. The contract period is for one year.