Section or Paragraph Headings. Section headings herein have been inserted for reference only and shall not be deemed to limit or otherwise affect, in any matter, or be deemed to interpret in whole or in part any of the terms or provisions of this Agreement. By each party executing this Agreement they acknowledge and accept their respective rights, duties, and responsibilities hereunder. This Agreement is only effective upon our execution below. Requestor: 21st Century Cyber Charter School By: Signature Date Title: Pennsylvania Trust By: 01/07/2021 Signature Date Title: Chairperson EXHIBITS: A, B, C The GASB 75 Valuation Service will be performed by the actuaries and employees of ▇▇▇▇▇▇ ▇▇▇▇▇▇ under our contract with them. The services will include the following: • Preliminary discussion with you • Collection of relevant census and benefit plan information • Preparation of GASB 75 Actuarial Valuation • Discussion with you regarding results of the valuation, if necessary Fee for GASB 75 Valuation Service per valuation is based on group size and the level of complexity. Level of Complexity Size Simple Average Complex Small Group $3,550 $5,100 $6,150 Medium Group $4,625 $6,175 $7,225 Large Group $5,700 $7,250 $8,300 Group size is defined as follows: Small Group: < 200 participants Medium Group: 201 to 500 participants Large Group: > 500 participants Complexity is determined based on number of plan and benefit designs and number of subgroups requested. ▇▇▇▇▇▇ ▇▇▇▇▇▇ will determine the level of complexity. To the extent the complexity is determined to be between two levels, the midpoint of the two values shown will be used for the fee. • Valuation calculations under alternative parameters • Preparation of supplemental year-end calculations prepared in between valuations if it is deemed that updated assumptions (e.g. discount rate) should be used, or for other reasons requested by the school entity. If a service that is not previously described in this agreement is requested or needed, this additional service will be made available and will be performed by the actuaries and employees of ▇▇▇▇▇▇ ▇▇▇▇▇▇ under our contract with them. We will bill you based on the time spent on the project and the current hourly rates for the staff involved in the project. You may request a cost estimate before commencing the project. You may also request a statement of the current hourly rates at any time. A statement of these rates as of the current calendar year is attached to this Agreement. • Actuarial studies • Other services requested • Consultation regarding plan design and cost controls • Consultation regarding alternative assumptions and parameters including alternative experience studies • Consultation regarding legal requirements pertaining to plan documentation • On site meetings or presentations - Time for meetings includes preparation, travel time door to door and all time spent at your facilities As indicated in the Agreement, services for which the fee is based on professional time, the fee will be determined in accordance with our hourly rates in effect at the time of service. We set our hourly fees as of each January 1 for all clients. Hourly rates applicable for the period January 1, 2019 through December 31, 2019 are as follows: • Actuarial Consultants: $280 to $330 • Non-Actuarial Consultants: $280 • Actuarial Analysts: Range from $135 to $245 Note: As indicated in Exhibit A, you may request an estimate of our cost before commencing work based on our hourly rates. You may also request a statement of our current hourly rates at any time. Pursuant to the GASB 75 Valuation and Related Services Agreement, Pennsylvania Trust through its business associate ▇▇▇▇▇▇ ▇▇▇▇▇▇ (hereinafter referred to as “CS”) shall provide actuarial services including the preparation of GASB 75 Valuation Reports for the Requestor that involve the use of individually identifiable health information on behalf of a covered entity under the Health Insurance Portability and Accountability Act of 1996 (HIPAA). This Agreement supplements and is made a part thereof.
Appears in 1 contract
Sources: Gasb 75 Valuation Services Agreement
Section or Paragraph Headings. Section headings herein have been inserted for reference only and shall not be deemed to limit or otherwise affect, in any matter, or be deemed to interpret in whole or in part any of the terms or provisions of this Agreement. By each party executing this Agreement they acknowledge and accept their respective rights, duties, and responsibilities hereunder. This Agreement is only effective upon our execution below. Requestor: 21st Century Cyber Charter Big Spring School District By: Signature Date Title: Pennsylvania Trust By: 01/07/2021 12/11/2020 Signature Date Title: Chairperson EXHIBITS: A, B, C The GASB 75 Valuation Service will be performed by the actuaries and employees of ▇▇▇▇▇▇ ▇▇▇▇▇▇ under our contract with them. The services will include the following: • Preliminary discussion with you • Collection of relevant census and benefit plan information • Preparation of GASB 75 Actuarial Valuation • Discussion with you regarding results of the valuation, if necessary Fee for GASB 75 Valuation Service per valuation is based on group size and the level of complexity. Level of Complexity Size Simple Average Complex Small Group $3,550 $5,100 $6,150 Medium Group $4,625 $6,175 $7,225 Large Group $5,700 $7,250 $8,300 Group size is defined as follows: Small Group: < 200 participants Medium Group: 201 to 500 participants Large Group: > 500 participants Complexity is determined based on number of plan and benefit designs and number of subgroups requested. ▇▇▇▇▇▇ ▇▇▇▇▇▇ will determine the level of complexity. To the extent the complexity is determined to be between two levels, the midpoint of the two values shown will be used for the fee. • Valuation calculations under alternative parameters • Preparation of supplemental year-end calculations prepared in between valuations if it is deemed that updated assumptions (e.g. discount rate) should be used, or for other reasons requested by the school entity. If a service that is not previously described in this agreement is requested or needed, this additional service will be made available and will be performed by the actuaries and employees of ▇▇▇▇▇▇ ▇▇▇▇▇▇ under our contract with them. We will bill you based on the time spent on the project and the current hourly rates for the staff involved in the project. You may request a cost estimate before commencing the project. You may also request a statement of the current hourly rates at any time. A statement of these rates as of the current calendar year is attached to this Agreement. • Actuarial studies • Other services requested • Consultation regarding plan design and cost controls • Consultation regarding alternative assumptions and parameters including alternative experience studies • Consultation regarding legal requirements pertaining to plan documentation • On site meetings or presentations - Time for meetings includes preparation, travel time door to door and all time spent at your facilities As indicated in the Agreement, services for which the fee is based on professional time, the fee will be determined in accordance with our hourly rates in effect at the time of service. We set our hourly fees as of each January 1 for all clients. Hourly rates applicable for the period January 1, 2019 through December 31, 2019 are as follows: • Actuarial Consultants: $280 to $330 • Non-Actuarial Consultants: $280 • Actuarial Analysts: Range from $135 to $245 Note: As indicated in Exhibit A, you may request an estimate of our cost before commencing work based on our hourly rates. You may also request a statement of our current hourly rates at any time. Pursuant to the GASB 75 Valuation and Related Services Agreement, Pennsylvania Trust through its business associate ▇▇▇▇▇▇ ▇▇▇▇▇▇ (hereinafter referred to as “CS”) shall provide actuarial services including the preparation of GASB 75 Valuation Reports for the Requestor that involve the use of individually identifiable health information on behalf of a covered entity under the Health Insurance Portability and Accountability Act of 1996 (HIPAA). This Agreement supplements and is made a part thereof.
Appears in 1 contract
Section or Paragraph Headings. Section headings herein have been inserted for reference only and shall not be deemed to limit or otherwise affect, in any matter, or be deemed to interpret in whole or in part any of the terms or provisions of this Agreement. By each party executing this Agreement they acknowledge and accept their respective rights, duties, and responsibilities hereunder. This Agreement is only effective upon our execution below. Requestor: 21st Century Cyber Charter Lehighton Area School District By: Signature Date Title: Pennsylvania Trust By: 01/07/2021 12/22/2020 Signature Date Title: Chairperson EXHIBITS: A, B, C The GASB 75 Valuation Service will be performed by the actuaries and employees of ▇▇▇▇▇▇ ▇▇▇▇▇▇ under our contract with them. The services will include the following: • Preliminary discussion with you • Collection of relevant census and benefit plan information • Preparation of GASB 75 Actuarial Valuation • Discussion with you regarding results of the valuation, if necessary Fee for GASB 75 Valuation Service per valuation is based on group size and the level of complexity. Level of Complexity Size Simple Average Complex Small Group $3,550 $5,100 $6,150 Medium Group $4,625 $6,175 $7,225 Large Group $5,700 $7,250 $8,300 Group size is defined as follows: Small Group: < 200 participants Medium Group: 201 to 500 participants Large Group: > 500 participants Complexity is determined based on number of plan and benefit designs and number of subgroups requested. ▇▇▇▇▇▇ ▇▇▇▇▇▇ will determine the level of complexity. To the extent the complexity is determined to be between two levels, the midpoint of the two values shown will be used for the fee. • Valuation calculations under alternative parameters • Preparation of supplemental year-end calculations prepared in between valuations if it is deemed that updated assumptions (e.g. discount rate) should be used, or for other reasons requested by the school entity. If a service that is not previously described in this agreement is requested or needed, this additional service will be made available and will be performed by the actuaries and employees of ▇▇▇▇▇▇ ▇▇▇▇▇▇ under our contract with them. We will bill ▇▇▇▇ you based on the time spent on the project and the current hourly rates for the staff involved in the project. You may request a cost estimate before commencing the project. You may also request a statement of the current hourly rates at any time. A statement of these rates as of the current calendar year is attached to this Agreement. • Actuarial studies • Other services requested • Consultation regarding plan design and cost controls • Consultation regarding alternative assumptions and parameters including alternative experience studies • Consultation regarding legal requirements pertaining to plan documentation • On site meetings or presentations - Time for meetings includes preparation, travel time door to door and all time spent at your facilities As indicated in the Agreement, services for which the fee is based on professional time, the fee will be determined in accordance with our hourly rates in effect at the time of service. We set our hourly fees as of each January 1 for all clients. Hourly rates applicable for the period January 1, 2019 through December 31, 2019 are as follows: • Actuarial Consultants: $280 to $330 • Non-Actuarial Consultants: $280 • Actuarial Analysts: Range from $135 to $245 Note: As indicated in Exhibit A, you may request an estimate of our cost before commencing work based on our hourly rates. You may also request a statement of our current hourly rates at any time. Pursuant to the GASB 75 Valuation and Related Services Agreement, Pennsylvania Trust through its business associate ▇▇▇▇▇▇ ▇▇▇▇▇▇ (hereinafter referred to as “CS”) shall provide actuarial services including the preparation of GASB 75 Valuation Reports for the Requestor that involve the use of individually identifiable health information on behalf of a covered entity under the Health Insurance Portability and Accountability Act of 1996 (HIPAA). This Agreement supplements and is made a part thereof.
Appears in 1 contract
Sources: Gasb 75 Valuation Services Agreement