COAERS Issues RFP for Actuarial Services
June 26, 2025 | News Release
AUSTIN, TX – The City of Austin Employees’ Retirement System issued a Request for Proposal (RFP) for comprehensive professional actuarial services. The $3.4 billion fund is seeking proposals from qualified firms to provide full-scope services that abide by the Code of Professional Conduct published by the American Academy of Actuaries to the retirement system as outlined in the RFP.
Firms with demonstrated expertise in actuarially determined contribution rate public pension plans, compliance, and integrity are encouraged to apply.
Proposals are due for submission by 5:00 pm Central Time on July 30, 2025. Bids will be publicly opened on July 31, 2025, at 12 pm, Central Time via virtual meeting.
Interested parties can access the full RFP document, register as a respondent, and view other important information about this procurement by visiting the COAERS website at www.coaers.org/rfp or email RFP@coaers.org for questions.
Please note the following important dates:
| Schedule of Events | Date |
|---|---|
| RFP Issuance | June 26, 2025 |
| Deadline for Submission of Questions | July 16, 2025 by 5 pm CST |
| Pre-Proposal Conference | July 24, 2025 at 12 pm CST |
| Deadline for Submission of Proposals | July 30, 2025 by 5 pm CST |
| Public Proposal Opening | July 31, 2025 at 12 pm CST |
About COAERS
COAERS, a defined benefit pension fund, was originally established in 1941 by City ordinance and has been governed by Texas state law since 1991. Governed by an eleven-member Board of Trustees, COAERS administers retirement, disability, and death benefit programs for full-time employees of the City of Austin, and serves more than 20,000 active members, retirees, and beneficiaries.
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Contact
Mehrin Rahman, Communications Director
mehrin.rahman@coaers.org