Tender: Actuarial Valuation of Retirement Liability for Sturgeon County
Released about 1 month ago
About
Sturgeon County is seeking a third-party actuary to perform an actuarial valuation estimating the County’s retirement liability for inclusion in its annual financial statement audit. The work requires complex computation using various assumptions and parameters to arrive at a reasonable value for future employee post-retirement liability; the resulting valuation is expected to become the County’s standard for future estimation and must be disclosed in the County’s annual financial statements. Services are required every 3–4 years.
This could be valuable for third-party actuarial firms or qualified actuaries who provide retirement liability valuation services. Key considerations: the assignment involves complex assumptions and parameters, the valuation will serve as the County’s standard for future reporting, and the deliverable must support annual financial statement disclosure on a 3–4 year cycle.
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