Supplemental Income Plans Third-Party Administrator

The state of California, through the CalPERS Supplemental Income Plans, is seeking a third-party administrator to provide administrative and recordkeeping services for the CalPERS 457 Plan and Supplemental Contributions Plan. The successful contractor will enter into a collaborative partnership to manage these retirement plans. The key objectives include ensuring efficient and effective administration of the plans, maintaining accurate records, and providing high-quality customer service to plan participants. Qualified respondents should have extensive experience in providing comprehensive administrative and recordkeeping services for public sector retirement plans. The solicitation documents can be downloaded from the CalPERS website, and the deadline for submitting proposals is August 13, 2024.

This contract opportunity does not appear to have any set-aside designations or restrictions on the types of organizations that can respond. The current incumbent vendor or contractor, if any, is not specified. The available budget range or potential award value for this contract is also not provided in the information given. Interested parties are encouraged to closely review the solicitation documents for any additional details and requirements.