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McHenry Times

Tuesday, November 5, 2024

Lake in the Hills seeking bids for actuarial services

Finance

Lake in the Hills is seeking proposals for actuarial services for the village’s Police Pension Fund.

Lake in the Hills is seeking proposals for actuarial services for the village’s Police Pension Fund.

The village of Lake in the Hills is seeking proposals for actuarial services for the village’s Police Pension Fund.

The notice states that services will be focused on employer contributions and determining what the minimum required contribution is with regard to pension reform legislation. The firm providing the services will also be tasked with the preparation of all calculations and disclosure footnotes required by the Governmental Accounting Standards Board to be included in the village’s Comprehensive Annual Financial Report. .

Proposals to perform the work are due by 4:30 p.m. April 8. Proposals should be addressed to Village Finance Director Shane Johnson at 600 Harvest Gate, Lake in the Hills, IL 60156,or via email at sjohnson@lith.org.

Interested bidders are asked to sign up on the plan holder list on the village's website in order to be granted the full details regarding this project.

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