Lexington (Mass.) Contributory Retirement System plans to search for an actuary.
The contract of the previous actuary, Buck Consultants, expired in January 2012 following the fund's last actuarial report in its 2011 plan year, said Marguerite Oliva, retirement board administrator at the $106 million defined benefit fund.
Buck can rebid, Ms. Oliva said.
The RFP will be available Sept. 16.
Copies of the RFP can be obtained by mail to Ms. Oliva, Lexington Retirement Board, 1625 Massachusetts Ave., Lexington, MA 02420; by phone at 781-861-2720; by fax at 781-861-2794; or by e-mail at [email protected].
Proposals are due at 4 p.m. EDT Oct. 17. A selection is expected by Oct. 31, Ms. Oliva said.
