The Natick Retirement System (“System”) is seeking proposals from qualified actuaries and actuarial service providers to conduct a full actuarial valuation and review of the system to determine if assets and contributions are sufficient to provide prescribed benefits under Massachusetts General Laws Chapter 32 and Chapter 34B, Section 19, as well as to provide appropriate bi-annual funding schedules pursuant to Massachusetts General Laws Chapter 32. The Natick Retirement Board (“Board”) assets are valued at $301 million as of 12/31/2025.
The successful proposer should be experienced preparing GASB Statements Nos. 67 and 68 Accounting Valuation Reports and will also advise the Retirement System regarding matters that impact the actuarial funding schedule required by Massachusetts General Laws Chapter 32.
The Board reserves the right to cancel or reject in whole or part any or all proposals in the best interest of the Natick Retirement System.
To receive a copy of this RPF you must contact:
Beth A. Matson, Executive Director
117 West Central Street, Suite 210
Natick, MA 01760
Phone (508) 647-6440
Email bmatson@natickretirement.org
The RFP may be picked up at the Board’s office or emailed at no charge. The Board’s regular business hours are Monday – Thursday 8:00 AM - 4:30 PM, and Friday 8:00 AM – 12:30 PM. The RFP will be sent via U.S. mail upon request and upon receipt of a certified check or cash in the amount of $25.00.
The proposal deadline is Thursday May 28, 2026, at 4:00 PM. EST. Late proposals will not be accepted.
| Date published: | April 29, 2026 |
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