Defined Benefit Administration Benchmarking Analysis Services

The vendor required to provide defined benefit administration benchmarking analysis of agency compared to global pension systems and provide analysis of peer systems [10 to 15] of relative size.
- Provide the annual report to the agency, board and management presented by vendor. 
- Provide industry best practices and information regarding topics of interest. 
- Provide an interactive way that clients can ask or respond to questions of other systems for insights on their processes and best practices. 
- Provide an organized conference of the pension systems to share best practices, lessons learned and networking opportunities. 
- The benchmarking analysis should contain:
•    Deep, quantifiable analysis of agency
•    Staffing and resource levels
•    Service levels and performance
•    Complexity
o    Costs per member
o    Cost per activity or function.

- Contract Period/Term: 4 years
- Questions/Inquires Deadline: December 1, 2025