File #: 14-7250    Version: 1 Name:
Type: Item Status: New Business
File created: 1/23/2024 In control: Federated City Employees' Retirement System and Federated City Employees' Health Care Trust
On agenda: 2/15/2024 Final action:
Title: Discussion and action to authorize the CEO to negotiate and execute the second amendment to the agreement between the Board of Administration for the Federated Employees' Retirement System and Cheiron, Inc for actuarial services to extend the term to June 30, 2025 with an additional $375,000, of which $75,000 is for Fiscal year 2023-2024 and $300,000 is for fiscal year 2024-2025, for a not to exceed contract amount of $2,075,000.
Attachments: 1. 5c - Actuarial Services - Extend Cheiron - FED.pdf

Title

Discussion and action to authorize the CEO to negotiate and execute the second amendment to the agreement between the Board of Administration for the Federated Employees’ Retirement System and Cheiron, Inc for actuarial services to extend the term to June 30, 2025 with an additional $375,000, of which $75,000 is for Fiscal year 2023-2024 and $300,000 is for fiscal year 2024-2025, for a not to exceed contract amount of $2,075,000.