Tennessee Department of the Treasury, Nashville, is searching for an actuarial consultant, confirmed Blake Fontenay, spokesman for David H. Lillard Jr., state treasurer.
The services are for the $40 billion Tennessee Consolidated Retirement System and $88 million Baccalaureate Education System Trust, the state’s 529 plan, both in Nashville.
The Treasury Department is conducting the search due to normal state requirements to put the services out to bid periodically.
The contract of current actuarial consultant Bryan, Pendleton, Swats & McAllister expires June 30; the firm is invited to rebid.
The RFP is available on the state’s website. Proposals are due at 2 p.m. CDT on March 17, with a contract signing scheduled for April 15.