Massachusetts Municipal Association (MMA)

Actuarial Services

Swampscott Retirement Board
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Job Description

The Swampscott Retirement Board is seeking proposals from qualified vendors to provide actuarial services to include full actuarial valuations, a review of the Swampscott Retirement System to determine whether assets and contributions are sufficient to provide prescribed benefits under M.G.L. Chapter 32 and Chapter 34B, Section 19, and provide an appropriate funding schedule pursuant to M.G.L. Chapter 32.

All contracts entered into by the Swampscott Retirement Board are subject to the provisions of the Massachusetts General Laws, Chapter 32, Section 23 as amended by Chapter 176 of the Acts of 2011, and the rules and regulations of the Public Employees Retirement Administration Commission (PERAC), 840 CMR.

 

Instructions

This request for proposal will be available on Tuesday, Nov. 4. Requests for a copy of this RFP and questions regarding it may be directed via e-mail only to: Nancy Lord, Retirement Administrator - [email protected] Proposal deadline is Wednesday Nov. 262 at 12 p.m. Late proposals will not be accepted. Proposals will be opened in private on Dec. 2.
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