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Committee renews two‑year actuarial contract with Osborne Carrero at same maximum price
Summary
A joint retirement committee voted to renew its current actuarial services contract with Osborne Carrero and Associates for two years beginning July 1, keeping the $175,000 maximum unchanged and referring final approval to the Legislative Council.
Committee members voted to renew the contract for actuarial services with Osborne Carrero and Associates Inc., keeping the existing terms and a $175,000 maximum cap.
The renewal matter was presented by Jill Thayer, Bureau of Legislative Research, who said the proposed contract is identical to the current agreement, which expires June 30, and would extend services from July 1 through June 30, 2027. "Our current contract will expire on June thirtieth of this year," Thayer said. "This contract is identical to the current contract that we have. ...…
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