FINANCIAL_SERVICESONGOING

District Commits TRS Contributions Under 2025–2028 Pact

Prophetstown-Lyndon-Tampico CUSD #3 will contribute up to 9.4% of each teacher’s required payment to the State of Illinois Teachers' Retirement System under the 2025–2028 teachers’ agreement. This employer contribution is tied to teacher salaries and continues through the end of the 2027–2028 school year.

Status
ONGOING
Document date
May 28, 2025
Contract type
FINANCIAL_SERVICES
Vendor
State of Illinois Teachers' Retirement System
Agency
Prophetstown-Lyndon-Tampico CUSD3 · IL

Trusted by teams at

Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Up to 9.4% of the amount due each teacher
Contract type
FINANCIAL_SERVICES
Contract term
From execution on May 28, 2025 until 12:00 A.M. on the first day of the school calendar in the 2028-2029 term
Renewal date
2028-08-01
Renewal
Employer contribution obligation runs concurrently with the 2025–2028 teachers’ agreement and will be subject to renegotiation for any successor agreement after the start of the 2028–2029 school term.
Document type
Contract
Source document
Prophetstown-Lyndon-Tampico School District Teachers Agreement 2025-2028

Related contracts

Other contracts from State of Illinois Teachers' Retirement System.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Prophetstown-Lyndon-Tampico CUSD3?

State of Illinois Teachers' Retirement System was awarded this financial services contract by Prophetstown-Lyndon-Tampico CUSD3, as recorded on May 28, 2025. The contract value is Up to 9.4% of the amount due each teacher.

How much is the State of Illinois Teachers' Retirement System contract with Prophetstown-Lyndon-Tampico CUSD3 worth?

The State of Illinois Teachers' Retirement System contract with Prophetstown-Lyndon-Tampico CUSD3 is valued at Up to 9.4% of the amount due each teacher, covering financial services work.

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 Prophetstown-Lyndon-Tampico School District Teachers Agreement 2025-2028 (Contract), dated May 28, 2025 from Prophetstown-Lyndon-Tampico CUSD3. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does State of Illinois Teachers' Retirement System hold?

State of Illinois Teachers' Retirement System may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View State of Illinois Teachers' Retirement System's profile

What is Prophetstown-Lyndon-Tampico CUSD3 currently buying?

Explore Prophetstown-Lyndon-Tampico CUSD3's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Prophetstown-Lyndon-Tampico CUSD3's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free