Pension Benefit Guaranty Corporation

Buyer seeks actuarial support services for strategic pension plan management. The contractor will provide expertise in calculating benefits, applying federal limitations, and valuing termination benefits. Services include assistance with benefit determinations, appeals, and participant requests. The work is crucial for the buyer to meet its mission of paying pension benefits accurately and on time.

• 10/7/2024 - Original Published Date
• 10/18/2024 - Proposal Due Date
• 11/2/2024 - Original Inactive Date

• Calculate and value termination benefits under Title IV of ERISA
• Apply PBGC federal limitations to plan benefits
• Calculate present value of termination benefits
• Program benefit statements for BSRS
• Document final policy decisions
• Submit valuation electronic files to TRMD for review
• Assist with issuing benefit determinations
• Answer questions from PBGC Appeals Division
• Handle participant requests until case closure
• Provide actuarial expertise for timely and accurate task completion