FINANCIAL_SERVICESONGOING

Authority Reports Ongoing MERS Pension Participation

Jackson City Transportation Authority continues its participation in the MERS pension system, reporting $8.15 million in assets and $11.94 million in liabilities for FY 2025. The plan remains 68.3% funded with a reported Actuarially Determined Contribution of $427,201.

Status
ONGOING
Document date
September 1, 2025
Contract type
FINANCIAL_SERVICES
Vendor
MERS
Agency
Jackson Area Transportation Authority · MI

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Comcate logo
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Veritone logo
TerraCycle logo
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WithersRavenel logo
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Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Renewal
Ongoing participation in the MERS pension system; no specific renewal or termination date is cited in the report.
Document type
Report
Source document
Jackson City Transportation Authority OPEB and Pension Report 2025

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Jackson Area Transportation Authority?

MERS was awarded this financial services contract by Jackson Area Transportation Authority, as recorded on September 1, 2025.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Jackson City Transportation Authority OPEB and Pension Report 2025 (Report), dated September 1, 2025 from Jackson Area Transportation Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does MERS hold?

MERS 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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What is Jackson Area Transportation Authority currently buying?

Explore Jackson Area Transportation Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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