Salient wins $17M contract to provide actuarial expertise

Salient to provide actuarial expertise and systems support to Pension Benefit Guaranty Corp.

Salient Federal Solutions Inc. has won a $17.4 million task order contract to provide actuarial expertise and systems support services to Pension Benefit Guaranty Corp.

Under the contract’s terms, Salient will provide actuarial expertise; operations and maintenance services; enhancement of actuarial expert systems; actuarial studies and integrated present value of future benefits related special projects; and development and modernization tasks.

Work will be performed over a five-year period.

Salient's team includes Bolton Partners, an independent actuarial and employee benefits firm.