Actuarial Services

Sturgeon County is seeking a third-party actuary under solicitation 2026-097 to perform a valuation of the County's retirement liability for the fiscal year ending December 31, 2026. This service is required to support the County's Annual Financial Statement Audit and involves assessing current liability assumptions, performing complex calculations for employee benefit and post-retirement obligations, and providing a standard for future estimations. The successful respondent must be licensed in the Province of Alberta, be a member of the Canadian Institute of Actuaries or a similar body, and possess significant experience in public sector actuarial calculations. The engagement is scheduled to begin in November or December 2026, with a final report and estimate due by the third week of January 2027. Key deliverables include a preliminary draft report, a final report detailing all assumptions and calculations, a confirmation letter for external auditors, and an assumptions template for the County's use between reviews. The contract will be awarded to the top-ranked respondent based on a scoring system weighted across overview and scope of work, past relevant experience, timeline, and pricing. Proposals must be submitted electronically via the Sturgeon County e-submission portal by October 1, 2026.