Raleigh

Request for Proposal for Actuarial

Request for Proposal
for Actuarial Services

The City of Beckley, WV is seeking proposals for an actuarial service to calculate our Other Post-Employment Benefits (OPEB). This will require a preparation of an actuarial valuation per GASB 43/45 Standards. Prepare the necessary material for the June 30, 2018 annual financial statements to comply with GASB 43/45 OPEB reporting and disclosure requirements. Our current health insurance plan has an active plan population of approximately 250 employees. We have approximately 25 medical retirees. We also offer dental and vision to our retirees with approximately 250 employees active on this plan as well. There are approximately 75 dental / vision retirees. The calculations / reporting will need to be split between liabilities for the City of Beckley and Beckley Sanitary Board, which are currently all covered in the same medical / dental / vision plans. Target completion date of the reports are November 30, 2018. Please submit sealed proposal in clearly marked envelope by August 14, 2018 by 4:00 pm. The bids will be opened at the City council meeting at 6:30 p.m. on August 14, 2018.

The City of Beckley
409 South Kanawha Street
Beckley, WV 25801
Attn: Jessica Chandler
(304) 256-1769
[email protected]
7-26-THU-2-RH; LG 117278

ID: 117278