Alaska Division of Retirement & Benefits, Juneau, is searching for an actuarial consultant for the state’s seven retirement plans, wrote Jim Puckett, chief operations officer, in an e-mail.
The retirement plans, which have a total of $24.8 billion in assets overseen by the Alaska Retirement Management Board, are searching for a firm to provide actuarial consulting services due to the expiration of the current consultant’s contract on June 30. The current firm, which Mr. Puckett declined to name, is invited to rebid.
The RFP is available on the division’s website. Proposals are due at 4:30 p.m. Alaska Daylight Time on April 25. A five-year contract is scheduled to begin on July 1.
The plans are the Alaska Public Employees’ Retirement System, Teachers’ Retirement System, Judicial Retirement System, National Guard/Naval Militia Retirement System, Elected Public Officers Retirement System, PERS Defined Contribution Plan, and TRS Defined Contribution Plan.