Alberta Public Service Pension Plan, Edmonton, issued an RFP for an actuarial consultant for the C$10.9 billion ($8.3 billion) plan.
The selected firm will work under a one-year contract effective Jan. 1, with annual extensions for an additional four years at the discretion of the PSPP board, according to the RFP.
Aon Hewitt, the plan’s current actuary, can rebid, said Lynette Martin, PSPP director.
The RFP is on the Alberta Purchasing Connection, the province’s procurement website.
Proposals are due at 3 p.m. MDT Aug. 18. A selection is expected on Sept. 15.
PSPP assets are managed by the C$90 billion Alberta Investment Management Corp., Edmonton.