Request for Proposals for Pension Actuarial Services

23-13168-001

Posted

Valerie Rossman

(512) 867-7116

Valerie.Rossman@ers.texas.gov

7/25/2025

10:00 AM

327

21+ Days for Solicitation Notice

6/12/2025

6/12/2025 11:35 am

94612-Actuarial Services And Retirement Planning;

EMPLOYEESRETIREMENT SYSTEM OF TEXAS

REQUEST FORPROPOSALS FOR PENSION ACTUARIAL SERVICES

SOLICITATIONNO. 23-13168-001

NIGP CODE:946-12

The Employees Retirement System of Texas (ERS) has issued a Requestfor Proposals (RFP) seeking a qualified entity (Respondent) to provide pensionactuarial services for the ERS trust fund in accordance with Sections 815.206and 840.204 of the Texas Government Code. Respondent shall provide the level ofservices required in the RFP and meet other requirements that are in the bestinterests of ERS, its members, and the state of Texas (State). Respondent shallbe required to execute a contract (Contract) provided by, and satisfactory to,ERS for a period that begins upon execution of the Contract by ERS and extendsfor six (6) years, subject to the terms of the Contract. It is anticipated theContract will be executed in December 2025.

Questions will be accepted via Bonfire until June 26,2025 at 4:00 p.m. Central Time (CT) . Answers to questionswill be posted to Bonfire and ESBD on the date specified in RFP Section A.5.

To be eligible for consideration, Respondent is required to submit itsresponse to the RFP (Proposal) in accordance with the instructions set forth inthe RFP. Respondents must meet the Minimum Requirements set forth in Section Bof the Respondent Questionnaire ( AppendixG ). All Proposal materials shall be received by ERS via Bonfire no laterthan July 25, 2025 at 10:00 a.m. CT.

To download the RFP, submit questions, and/or submit a Proposal ,prospective Respondents must first create a profile in Bonfire ( ERS’ e-procurement portal located at erstexas.bonfirehub.com ) ,which operates best on the latest versions of Microsoft Edge, Google Chrome,and Mozilla Firefox. Browser cookies must be enabled when accessing Bonfire.Note that Respondent’s primary Proposal contact must create a Bonfire profile(with the actual contact person’s email address) and download the RFP documentsin order to send and receive messages via Bonfire.

ERS reserves the right to rebid the RFP if deemed by ERS to be in thebest interests of ERS, its members, and/or the State. ERS also reserves theright to reject any Proposal submitted that does not fully comply with theRFP’s instructions and criteria. ERS is under no legal requirement to execute aContract on the basis of this notice or upon issuance of the RFP and will notpay any costs incurred by any Respondent in connection with the preparation ofa Proposal. ERS also reserves the right to revise any provisions set forth inthe RFP at any time prior to execution of a Contract where ERS deems it to bein the best interests of ERS, its members, and/or the State.

Any general questions should be sent to ERS’ point of contact, ValerieRossman, Procurement Specialist, via Bonfire or ivendorquestions@ers.texas.gov .ERS’ mailing address is P.O. Box 13207, Austin, Texas 78711-3207.