Actuarial Services

The issuing government authority located in Alberta requires a vendor to provide actuarial services. The selected vendor must determine the cost of non-pension post-retirement benefits earned by employees based on service, salary escalation, employee retirement ages, and expected health care costs. The authority records the cost of employment benefits, pension benefits, compensated absences, and termination benefits as expenses when the obligations occur, and it accrues and pays post-retirement obligations as they become due. To participate, vendors must be registered on the issuing authority's website to download the unwatermarked RFP document. The buyer limits eligibility to Canadian onshore vendors, and the vendor must perform the work onsite. Interested vendors can submit their responses digitally via email or online. The buyer is looking for proposals regarding the budget, and the provided text specifies no additional evaluation criteria or key dates.