Village of Pelham Board of Trustees Regular Meeting Agenda 2026-05-12
PERMA Awarded Three-Year Workers’ Compensation Renewal
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Description
The Village of Pelham renewed its workers’ compensation insurance coverage with PERMA under a three-year contract from June 1, 2026 through May 31, 2029. The first year contribution is $361,811.00, with later years adjusted based on the Village’s loss experience.
Contract Details
Contract Amount
$361,811.00 for first year; subsequent years based on loss experience
Vendor
PUBLIC EMPLOYER RISK MANAGEMENT ASSOCIATION INC (PERMA)
Agency
Village of Pelham, NY
Contract Type
INSURANCE
Document Date
May 12, 2026
Contract Term
June 1, 2026 through May 31, 2029
Renewal Date
2029-05-31
Renewal Info
Three-year renewal of workers’ compensation coverage from June 1, 2026 through May 31, 2029; second- and third-year contributions adjust according to defined loss ratio calculations.
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