UNSPSC 84131702: Union or guild administered pension funds

UNSPSC 84131702 Union or guild administered pension funds (Commodity) describes actuarial consulting, benefits administration, and plan management services that state and local governments procure to administer self-insured employee benefit programs, pension plans, and retiree healthcare trusts. State and local buyers under this code include city governments, counties, regional authorities, state agencies, and special districts—most recently the City of Holly Hill, Florida; Texas A&M University System; Los Alamos County, New Mexico; Harris County, Texas; Orlando Utilities Commission; Orange County Transportation Authority; and various Michigan state departments. Representative recent opportunities span insurance broker services, actuarial valuations for OPEB and pension plans, 457(b) deferred compensation plan administration, healthcare and benefits auditing, and captive insurance company examination services. The City of Holly Hill issued RFP 26-HR-01 on October 19, 2026, to procure broker services for medical, dental, vision, and life insurance for 109 active employees and 53 retirees, with sealed proposals due April 8, 2026, and award anticipated for May 12, 2026. The Texas A&M University System issued RFQ SBA-27-289 on October 16, 2026, for actuarial services covering self-insured health, dental, and workers' compensation plan valuations plus OPEB compliance analysis under GASB 75, with a 2% VetHUB subcontracting goal and submittals due October 23, 2026.

Geographic activity spans Florida, Texas, Kentucky, Michigan, Oregon, California, and New Mexico over the past six months. The Florida Panhandle (Volusia County), South Florida (Palm Beach and Hillsborough Counties), and Texas dominate recent posting volume. Issuing bodies include county commissions and boards, municipal governments, state benefits and retirement agencies, university systems, and transit authorities—reflecting a mix of traditional local procurement and specialized higher-education and utility-sector demand. The Orange County Transportation Authority contracted for actuarial valuation services of retiree healthcare and supplemental benefit accounts at a firm fixed price of $49,500 over five years through an informal RFP due April 15, 2026. Palm Beach County issued dual RFQs (July 16 and August 11, 2026) for actuarial studies of workers' compensation and casualty self-insurance funds with SBE and local-vendor preferences applied. The Michigan Department of Insurance and Financial Services established a pre-qualified vendor pool for captive actuarial examinations, with nine contractors awarded at $22,222.00 each on August 4, 2026, following a June 15, 2026, proposal deadline. Hillsborough County solicited five-year insurance consulting and brokerage services (RFP 2600292) with an estimated contract value of $1,000,000, proposals due July 24, 2026, and up to five SBE bonus points available.