RFP Actuarial Services

Ontario Pension Board (“OPB”) invites prospective proponents, who have the demonstrated capability and depth of expertise to support OPB in meeting its fundamental obligations for the PSPP and obligations that arise under agreements with the Government of Ontario (the “Government”) related to other plans, to submit proposals for the provision of Actuarial Services to support OPB’s actuarial needs.

The following mandatory technical requirements must be met:

• the proponent is from a jurisdiction that has trade obligations with Ontario and/or Canada;
• each proposed key team member must be a fellow of the Canadian Institute of Actuaries (FCIA);
• the proponent declares that there is no Conflict of Interest in preparing its proposal;
• the proponent declares that there is no foreseeable Conflict of Interest in performing the contractual obligations contemplated in the RFP.

OPB is seeking to retain a Lead Actuary for the provision of actuarial services including but not limited to actuarial valuations for funding purposes, other actuarial functions relating to administration of the plans, the provision of a pension calculator, implementation and training services, and consulting services as required.  OPB is also seeking a Secondary Actuary who will be engaged for ad hoc services when the Lead Actuary is not able to provide the services.   
 

Bidding and Documents are available on http://www.merx.com. Fees may apply; See https://www.merx.com/public/pricing for more information.