The objective of the procurement is to enter into an agreement with one tenderer who can be the responsible actuary in accordance with the Regulation, 09.12.2016 no. 1503 about pension companies (the pension company regulation) chapter 5.
The actuary's area of responsibility is in accordance with the Pension Fund regulation § 32, to ensure:
1. that the Pension Fund's activity is at all times carried out in a technically responsible research manner.
2. calculation of insurance year end provisions as well as changes in the provisions base,
3. allocation of returns and provisions with the management of funds as well as provisions on risk results in accordance with the Insurance Activity Act,
4. that the Pension Fund's premiums have not been set in convention of the Insurance Activity Act,
5. That messages from the Pension Fund, in accordance with the Insurance Activity Act § 3-7 first chapter was sent to the Norwegian Financial Supervisory Authority,
6. Statics are being prepared of the insurance stocks.