As required by the Revised Code of Washington (RCW) 41.45.110, the Washington State Pension Funding Council (PFC) and the Law Enforcement Officers’ and Fire Fighters’ (LEOFF) Plan 2 Retirement Board (the Board), referred to hereinafter collectively as “the State,” are issuing this Request for Proposals to acquire the services of a qualified actuarial firm to:

• Conduct a biennial actuarial audit of preliminary and final actuarial valuations prepared by the Office of the State Actuary (OSA), used for employer and member rate-setting purposes, with a review of recent changes to the funding methods, if any;

• Conduct an actuarial audit of the demographic experience study prepared by the OSA; and

• Provide actuarial support upon request by the Pension Funding Council or the LEOFF 2 Board.

Requests for Proposals are due: June 2, 2025, by 3:00 PM, PT

For more information, please visit https://pr-webs-vendor.des.wa.gov/

Or the DRS website: https://www.drs.wa.gov/sitemap/vendor/