PROFESSIONAL_SERVICESAPPROVED

Oregon Public Employees Retirement System Awards Professional Services Contract to MILLIMAN (January 2026)

The PERS Board approved a new actuarial services contract with Milliman effective January 1, 2026, following a competitive procurement process. The four-year agreement, with options for two-year extensions up to ten years, will provide ongoing actuarial support for Oregon’s public employees retirement system.

Document date · January 30, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
PROFESSIONAL_SERVICES
Contract term
January 1, 2026 – December 31, 2029, with options for two-year extensions up to a total of ten years
Renewal date
2029-12-31
Renewal
New four-year base term starting January 1, 2026, with options for two additional two-year extensions, allowing the contract to run up to ten years if mutually agreed by PERS and Milliman.
Document type
AgendaPacket
Source document
Oregon Public Employees Retirement System AgendaPacket Board Meeting 2026-01-30

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the professional services contract by Oregon Public Employees Retirement System?

MILLIMAN was awarded this professional services contract by Oregon Public Employees Retirement System, as recorded on January 30, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Oregon Public Employees Retirement System AgendaPacket Board Meeting 2026-01-30 (AgendaPacket), dated January 30, 2026 from Oregon Public Employees Retirement System. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does MILLIMAN hold?

MILLIMAN 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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