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Request for Proposals: Professional Services for Sterling Township Pension System

Submitted by Anonymous (not verified) on

The Sterling Township Pension System and municipality are soliciting proposals for professional services to manage their 457(b) and 401(a) plans. The services required include custodial, investment counseling, actuarial, and administrative services to ensure the effective operation and growth of the pension system. Interested parties must submit their qualifications, experience, expertise, and compensation details by March 25, 2026, to Sterling Township in Pennsylvania. Applicants are encouraged to provide multiple or all of the requested services. Compliance with Pennsylvania Act 44 of 2009 is mandatory for all applicants. This notice is crucial for financial service providers interested in managing pension assets for Sterling Township and ensuring the pension system's sustainability and efficiency. — Original public notice (excerpt): REQUEST FOR PROPOSALS Advertisement for Proposals for Professional Services for the Administration of 457(b) and 401(a) plans For the Sterling Township Pension System The above-named pension system and municipality is seeking proposals for the followingprofessional services for the municipal pension system administered by the system and municipality: 1. Custodial services to provide secure possession, investment placement and reporting of pension assets. 2. Investment counseling services to provide sound strategies for the stability, preservation, and growth of pension assets. 3. Actuarial services to provide data and information relative to the funding adequacy of the municipal pension system administered by the township pension system. 4. Administrative services to provide counseling, educational, and documentation services for the systems day to day pension operations. The specifications for the requested services shall relate to applicants' qualifications, experience, expertise, and desired compensation with respect to the requested services; and such other specifications as may be required… [Source]