GESB20014 - Provision of Actuarial Services

The Government Employees Superannuation Board (GESB) is a Western Australian (WA) Government Statutory Authority and administers the superannuation and retirement savings of current and former WA public sector workers.

GESB’s purpose is to look after our members’ superannuation with excellence. GESB’s governing legislation, the State Superannuation Act 2000 requires GESB to act, as far as is practicable, in the best interests of members while performing its functions.

Through this Request, GESB is seeking to appoint a suitably qualified Actuary to provide actuarial services as necessary to comply with applicable legislation, regulations and accounting standards. Core services provided will include actuarial investigations on the funded liabilities of GESB funds, liability reporting for self-funded agencies, forecasting of Gold State Super contributions, preparation of the actuarial certificates for the defined benefit sign-off for changes to the State Superannuation Regulations, investigation as to the state and sufficiency of the Gold State Super scheme and Pension Scheme Fund, preparation of benefit certificates for the defined benefit schemes and other actuarial advice required under the (State Superannuation Regulations 2001).

See Schedule 2, Specification / Statement of Requirements for further information.