Special Forces Pension Plan, Edmonton, Alberta, is searching for an actuarial consultant for the C$2.03 billion (US$1.72 billion) defined benefit plan.
The plan's board requires a search for an actuary every three years, said an RFP for the search.
Mercer conducted the last actuarial valuation of the pension fund, which covers police personnel in the province of Alberta, in 2013.
The plan's assets are managed by the C$76 billion Alberta Investment Management Corp., Edmonton. SFPP's asset allocation as of Dec. 31, 2013, was 33.6% foreign equities, 23.8% fixed income, 18% Canadian equities, 6.7% real estate, 4.9% emerging markets equities, 4.5% infrastructure and private debt, 3.7% private equity, 1.9% timber, 1.8% real return and the remainder in money market funds.
The RFP is on Alberta's provincial procurement website. Proposals are due by 3 p.m. MST Feb. 6. No selection date has been set.
Liz Doughty, the pension plan's board manager, could not be reached by press time for further details.
