To: Whom It May Concern:

The Employee Trust Funds Board is requesting proposals for consulting actuarial services. Three separate procurements are being implemented. The three procurements (Request for Proposals or RFP) are as follows:

RFP # RFP Title
ETG0011 Employee Trust Funds Board Consulting Actuary for the Wisconsin Retirement System (WRS)
ETG0012 Employee Trust Funds Board Consulting Actuary for Health Insurance Programs
ETG0013 Employee Trust Funds Board Consulting Actuary for Group Insurance Programs

Qualified vendors are encourage to submit competitive proposals on each of the above. One or more vendors may be awarded a contract. Vendors may submit proposals for one, two, or all of the RFPs referenced above. However, for each RFP that a vendor chooses to bid on, the response must be complete and separate from other RFP responses. After considering the proposals and prior to awarding a contract, the Board reserves the right to negotiate with any or all vendors a discounted final cost based on the vendor(s) being awarded more than one contract.

Each of the three RFPs for consulting actuary services is posted on the Employee Trust Funds web site at All modifications and other information associated with these RFPs will be posted on this web site. As such, interested vendors are encouraged to check this web site for updates frequently. No other notification regarding modifications will be provided.

The deadline for receipt of proposals for all three RFPs is May 11, 2007 at 3:00 PM CDT. Late submissions may not be considered. Questions may be emailed to Robert Willett, Controller and Chief Financial Officer at The RFP number and title should be referenced in your email.

Process Updates
  08/08/12   Post Contract Updates
  06/22/11   Post Contract Updates
  06/20/11   Post Contract Update Amendment 3 Disability Program Redesign
  08/26/10   Post contracts for Actuarial Valuation
  01/04/08   Contract Posted
  08/16/07   Summary of Actuarial Services Proposals - Total Weighted Point Scores xls
  05/07/07   ETG0013 Vendor Questions and Answers, Set 1  

ETG0013 Contract Deloitte10/01/2012 through 09/30/2014
ETG0013 Contract Deloitte Duty Disability Roll Forward Valuation
ETG0013 Contract Deloitte 10/01/2010 through 09/30/2012
ETG0013 Amendment 2: July 13, 2010 GASB 45 Duty Disability Annual Calculation
ETG0013 Contract Deloitte Disability Program Redesign
ETG0013 Contract Deloitte Amendment 3 February 25,2011 Disability Program Redesign
ETG0013 Contract Deloitte 08/17/2010 Actuarial Valuation Services Retiree Life Insurance Plan
ETG0013 Contract Deloitte 07/30/2010 Actuarial Valuation Services Duty Disability Plan
ETG0013 Contract Deloitte 10/01/2007 thru 09/30/2010
ETG0013 Deloitte Business Associate Addendum

Consulting Actuary to Group Insurance Programs RFP

Reference Materials  
Appendix 1: Group Insurance Plan Guidelines for Payroll Deduction  

Three-Year Experience Study

Annual Gain/Loss Analysis

Annual Actuarial Valuation of Active Lives

Annual Actuarial Valuation of Retired Lives

Annual Actuarial Valuation of Accumulated Sick Leave Conversion Credit Programs

Annual Actuarial Review of 40.65 Duty Disability Program

Your Benefit Handbook, ET-2119

Wisconsin Retirement System Fact Sheet, ET-8901

Accumulated Sick Leave Conversion Credit Program and Supplemental Sick Leave Conversion Credit Program Fact Sheet, ET-8929

2004 Comprehensive Annual Financial Report

Chapter 40, Wisconsin Statutes

ETF 10, Wisconsin Administrative Code, Administration

ETF 20, Wisconsin Administrative Code, Wisconsin Retirement System

ETF 50, Wisconsin Administrative Code, Disability Benefits

State of Wisconsin Investment Board Website