20-019 - Actuarial Services of Fire Fighter Pension System

Macomb Township is seeking sealed proposals from firms that provide actuarial valuations and related financial disclosures of the Fire Fighter Pension System.  The Township intends to contract with a qualified firm to provide Actuarial Services necessary to report accrued pension system liabilities in compliance with the Government Accounting Standards Board (GASB) Statement No. 67 and 68 that establishes accounting and financial reporting standards for the measurement, recognition and disclosure of pension expenses and liabilities.