Kentucky Public Retirement Systems Actuarial Audit

The Kentucky Legislative Research Commission, on behalf of the Public Pension Oversight Board, is seeking qualified actuarial firms to perform a Level 1 full-scope actuarial audit of Kentucky’s state-administered retirement systems.

Kentucky > Legislative Research Commission > Public Pension Oversight Board


General
Open (open)
RFI-010-2700000010
Oct 31, 2026 06:00 PM
Oct 02, 2026 12:00 PM
Request for Information (RFI)
State
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Original Solicitation Links
Contact
regina.long@kylegislature.gov
+15025648100
702 Capital Avenue, Frankfort, KY, USA
Submission Instructions
Description

The Kentucky Legislative Research Commission, on behalf of the Public Pension Oversight Board, is requesting information from qualified actuarial firms interested in conducting a Level 1 full-scope actuarial audit of Kentucky’s state-administered retirement systems. The audit will replicate and analyze the calculations, assumptions, procedures, and methods used by the plan actuaries for fiscal year 2026 valuations and the most recent experience studies covering pension, retiree health, and life insurance funds across the Kentucky Public Pensions Authority, Teachers’ Retirement System, and Judicial Form Retirement System. The selected firm must provide primary and secondary actuaries meeting specified experience and professional qualification requirements, collect and evaluate system data, assess valuation methodologies and assumptions, prepare a draft report by April 30, 2027, submit a final report by May 31, 2027, and present the results to the Public Pension Oversight Board no later than July 31, 2027. Responses must include firm background and ownership information, relevant public-pension experience, resumes, methodology, timeline, fixed-fee pricing, conflict-of-interest disclosures, and at least three client references. This RFI is informational and does not obligate the agency to purchase services.

Classification Codes
NAICS541219Other Accounting Services
PSCR704Auditing Services
Smart Codes
actuarial audit servicespension consulting servicesretirement system analysis
Specifications
Service Only
Timeline
Oct 2, 2026-Issue Date
Oct 12, 2026 06:00 PM-Written Questions Due
Oct 19, 2026-Anticipated Responses to Written Questions
Oct 31, 2026 06:00 PM-Proposal Submission Deadline
Apr 30, 2027-Draft Report Due
May 31, 2027-Final Report Due
Jul 31, 2027-Public Pension Oversight Board Presentation (optional)
Presentation date to be determined, but no later than July 31, 2027.
Requirements
Required
Required
  • Minimum 3 references
  • Client point of contact required for each reference
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