New York State Teachers' Retirement System, Albany, issued an RFP for actuarial consulting services, according to a notice posted on the retirement system's website.
The consultant will provide services for compliance with guidelines from the Governmental Accounting Standards Board and the system's Retired Employee Health Benefits Trust.
The RFP is routine, spokeswoman Heidi Brennan said in an email. Incumbent Cheiron is invited to rebid, Ms. Brennan added.
The $129.6 billion pension system will sign a contract with a single provider for a five-year contract effective on or about Sept. 15, the notice said. Proposals are due April 24. Virtual presentations will take place during the week of June 19.
