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RFP - Prospective Public Employees Retirement System Consultants

The North Dakota Legislative Management is seeking proposals for consultant services for assistance in the development of a plan for new hires under the Public Employees Retirement System to participate in the defined contribution plan and to close the defined benefit plan to new entries effective January 1, 2024. RFP - Prospective Public Employees Retirement System Consultants

Submitted Consulting Actuary RFP Questions and Answers

Q: Since we just received the RFP email right before the Thanksgiving holiday and December 3 is a tight deadline without a holiday, is there any consideration for extending the deadline?
A: Yes, the deadline has been extended to Friday, December 10, 2021

Q: Is the attachment to the email we received the actual RFP or is there another document? I do not see anything else on the website that is specified in the attached?
A: Yes the attached is the RFP.

Q: If the attachment to the actual RFP, there is no specification as to what you would like included. Is there anything you would like included in our response?
A: Include responses to the specific areas the consultant should address, items 1 and 2.

Q: Do you have a budget in mind, that you can share, for the cost of the study?
A: No budget has been identified. The legislative study charge did not include a specific appropriation.