Kentucky Retirement Systems, Frankfort, is searching for an actuarial consultant, according to an RFP issued on the $13.3 billion retirement system's website.
The selected firm will provide actuarial consultant and advisory services, including performing annual actuarial valuations, investigations and the comprehensive annual financial report, according to the RFP.
Cavanaugh Macdonald Consulting is the current actuarial consultant, according to the retirement system's 2011 annual report. It is not known if the firm can rebid.
The RFP is available on the retirement system's website. Proposals are due at 4:30 p.m. EDT May 1. Finalist interviews will take place May 7-11 with a final hiring decision expected on May 18.
T.J. Carlson, chief investment officer, was not available for additional information.