City relies on actuary for pension and OPEB valuations

The City of Merriam contracts with an external actuary to calculate key liabilities such as pensions, OPEB, and compensated absences for its 2025 financial statements. These actuarial services support compliance with generally accepted accounting principles and accurate reporting of long-term obligations.

Scope & details

The full contract record, as filed.

Contract type

PROFESSIONAL_SERVICES

Contract term

Services during fiscal year 2025

Renewal

Ongoing professional services relationship supporting annual financial reporting; specific renewal terms are not described.

Document type

Agenda

Source document

Merriam City Council Agenda 2026-07-27

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olathe-unified-school-district-233-report-2024-12-03_9ba.pdf

ONGOING

Olathe Unified School District 233, KansasDec 3, 2024

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the professional services contract by City of Merriam?

External Actuary was awarded this professional services contract by City of Merriam, as recorded on July 27, 2026.

What type of contract is this?

This is a Professional Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Merriam City Council Agenda 2026-07-27 (Agenda), dated July 27, 2026 from City of Merriam. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does External Actuary hold?

External Actuary may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is City of Merriam currently buying?

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