District Selects Prudential Investments for Teacher 403(b) Plan

Milton Town School District automatically enrolls new teachers in a 403(b) retirement account with Prudential Investments as the designated service provider. Teachers contribute 1% of salary to a default age-appropriate portfolio unless they opt out. Plan aligns with Vermont State Teachers’ Retirement System requirements.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Beginning July 1, 2021; ongoing for newly hired teachers

Renewal

Ongoing; plan and provider subject to revision by state system or board designation.

Document type

Contract

Source document

Milton Town School District Faculty Master Agreement July 2026 - June 2028

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Milton Town School District Faculty Master Agreement 2024-2026

ONGOING

Milton Incorporated School District, VermontJul 1, 2024

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Milton Incorporated School District?

Prudential Investments was awarded this financial services contract by Milton Incorporated School District, as recorded on March 26, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a contract record.

Where was this contract approved?

This contract appears in Milton Town School District Faculty Master Agreement July 2026 - June 2028 (Contract), dated March 26, 2026 from Milton Incorporated School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Prudential Investments hold?

Prudential Investments 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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