CONTRACTPENDING

Freeport considers changes to Texas Municipal Retirement plan

Disclosed value: $4,350; From agenda
Document date: Sep 29, 2025

What it covers

City of Freeport is considering adjustments to its Texas Municipal Retirement System (TMRS) plan. Proposed changes include increasing employee contribution rate from 7% to 8%, reducing the updated service credit provision percentage from 100% to 75%, and eliminating the "Transfer" option. These adjustments are projected to result in an approximate annual recurring cost of $4,350 to the City.

Who holds it

Texas Municipal Retirement holds this retirement plan adjustments contract with City of Freeport. Its other public contracts on record include work for Town of St. Paul and City of Runaway Bay.

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Contract details

Contract type: Retirement Plan Adjustments
Amount: $4,350
Document date: September 29, 2025
Term: NA
Vendor: Texas Municipal Retirement
Agency: City of Freeport
Source document: city-of-freeport-city-council-agenda-item-2-l_34a.pdf (Agenda)

Texas Municipal Retirement's other public contracts

Town of St. Paul, TexasTown Sends Retirement Contribution to Texas Municipal Retirement · Jul 13, 2026$1.4K City of Runaway Bay, TexasCity Sends TMRS Retirement Contribution Payment · Jun 16, 2026$11.6K City of Midlothian, TexasRetirement contribution to Texas Municipal Retirement · Jan 30, 2026$311.6K City of Manor Creek, KentuckyEnhanced Retirement Benefits for City Employees · Oct 1, 2025Undisclosed Ingleside Housing Authority, TexasCouncil approves Municipal Retirement System benefits · Sep 16, 2025$500K All Texas Municipal Retirement contractsVendor profile

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Questions about this contract

Who was awarded the retirement plan adjustments contract by City of Freeport?

Texas Municipal Retirement was awarded this retirement plan adjustments contract by City of Freeport, as recorded on September 29, 2025. The contract value is $4,350.

How much is the Texas Municipal Retirement contract with City of Freeport worth?

The Texas Municipal Retirement contract with City of Freeport is valued at $4,350, covering retirement plan adjustments work.

What type of contract is this?

This is a Retirement Plan Adjustments contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-freeport-city-council-agenda-item-2-l_34a.pdf (Agenda), dated September 29, 2025 from City of Freeport. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Texas Municipal Retirement hold?

Texas Municipal Retirement may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Freeport currently buying?

Explore City of Freeport's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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