SCVTA-ATU, Local 265 Pension Plan Actuarial Audit Services

Description

General work description: VTA seeks proposals from qualified firms to perform an independent audit of the most recent actuarial valuation for the Santa Clara Valley Transportation Authority – Amalgamated Transit Union (SCVTA-ATU), Local 265 Pension Plan (“Pension Plan”) and a review of the actuarial methodology in the form of a parallel valuation including a review of the current actuarial assumptions, the methodology used in setting those assumptions, and an analysis and discussion of any significant differences found during the course of the audit (“Services”). The Pension Plan is administered by a Board of Pensions which will review the audit report.