# Pennsylvania eMarketplace #6100066610

Pennsylvania PMRS Actuarial Consulting and Pension Reporting Services

**Posted:** October 02, 2026
**Respond By:** December 02, 2026
**Identifier:** 6100066610
**NAICS:** 541211, 541990

Pennsylvania is seeking a firm to provide actuarial consulting and reporting for its municipal retirement system and participating pension plans.
- **Government buyer:** Pennsylvania Municipal Retirement Board (PMRB), for the Pennsylvania Municipal Retirement System (PMRS), within the Commonwealth of Pennsylvania.
- **OEMs and vendors:** No product manufacturers, OEMs, or private vendors are named; this is a professional-services procurement. The Pennsylvania Auditor General and PMRS’s auditing firm are referenced as coordination parties, not vendors.
- **Services requested:** Five annual systemwide actuarial valuations; biennial defined-benefit plan valuations; on-demand plan cost studies; annual GASB 68 reporting; Act 205 and Act 293 reporting and certification; a systemwide experience study; reserve, investment, and interest-rate analyses; actuarial advice, projections, disability term cost rates, and a web-based modeling tool.
- **Scale:** PMRS anticipates approximately 721 defined-benefit plans and 346 cash-balance plans, about 1,060 GASB 68 reports annually, and roughly seven Board/staff meetings per year. Recent cost-study volume was approximately 115 existing plans and 20 potential new plans, with estimated annual growth of 2%.
- **Notable requirements:** Requested cost studies generally must be completed within 30 business days after receipt of required data. The contractor must provide an actuary qualified to prepare and sign Act 205 reports, coordinate with PMRS staff and its auditing firm, and provide a web-based tool for staff and plan sponsors to model liabilities, assets, contributions, scenarios, and benefit changes. Staff policy or actuarial information requests are to receive a response within 36 hours.
- **Named potential competitors:** Milliman, Inc.; Gabriel, Roeder, Smith & Company; The Segal Group, Inc.; Cheiron, Inc.; and Foster & Foster, Inc.
- **Estimated value:** No contract value is stated. A planning-level estimate for the five-year services scope is approximately $1,000,000–$4,000,000.

### Description

The Pennsylvania Municipal Retirement Board is seeking professional actuarial consulting services for the Pennsylvania Municipal Retirement System. Work includes annual systemwide actuarial valuations, actuarial cost studies, GASB 68 reports, Act 205 and Act 293 reporting support, and a five-year actuarial experience study. The contractor will also provide actuarial advice, projections, plan modeling, and support for PMRS staff and Board needs, including related special projects. The solicitation states a five-year duration and requires electronic proposal submission through JAGGAER.

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