Indiana Teachers' Retirement Fund (TRF) actuarial services
The Indiana State Teachers' Retirement Fund (hereinafter known as TRF) requires a Contractor to provide actuarial services. TRF is a public pension trust fund established under Section 401 of the Revenue Code and by law to provide pension and disability benefits to its members and their beneficiaries. The Fund is regulated pursuant to IC 5-10.2; IC 5-10.4: and 550 IAC. Members of the Fund include licensed and regularly employed public school teachers, administrators and employees of the Fund.
As of June 30, 2006:
Number of Active Members = 73,350
Number of Vested Inactive Members = 5,303
Number of Non-Vested Inactive Members = 32,912
Number of Retirees and Beneficiaries = 39,849
Annual Payout to Retirees and Beneficiaries $ 780.7 Million
Net Assets Held in Trust for Pension Benefits $7,791.4 Million
For more information and to download a copy of TRF's actuarial reports, please visit www.in.gov/trf.
It is the intent of TRF to solicit responses to this Request for Proposals (RFP) in accordance with the statement of work, proposal preparation section, and specifications contained in this document.
