Southeastern Pennsylvania Transportation Authority, Philadelphia, is seeking actuarial services for its five defined benefit plans totaling $1.6 billion and its $268 million 457(b) plan.
The authority plans to award a five-year contract to the selected actuary.
The RFP is scheduled to be available on SEPTA's website. Proposals are due at 4:30 p.m. EST on Feb. 23. SEPTA intends to award the contract by Sept. 1.
Peter Chung, contract administrator, could not be immediately reached for additional information.