Town of Surfside Awards Third-Party Administrator Contract to Foster & Foster Consulting Actuaries Inc (July 2024)
- Disclosed value
- $40,000/year for Retirement Plan, $20,000/year for Chapter 185 Share Plan
- From minutes
- Approved
- Jul 1, 2024
- Term
- 2 years
The 30-second brief
Town of Surfside Pension Board approves hiring Foster & Foster as the Plan's new Third-Party Administrator. The contract includes administrative services for the Retirement Plan and the Chapter 185 Share Plan, with rates locked in for two years.
Foster & Foster Consulting Actuaries Inc holds this third-party administrator contract with Town of Surfside. Its other public contracts on record include work for Town of Los Gatos and Trabuco Canyon Water District.
Term as filed: 2 years.
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Contract details
- Contract type
- Third-Party Administrator
- Amount
- $40,000/year for Retirement Plan, $20,000/year for Chapter 185 Share Plan
- Document date
- July 1, 2024
- Term
- 2 years
- Vendor
- Foster & Foster Consulting Actuaries Inc
- Agency
- Town of Surfside
- Source document
- town-of-surfside-pension-board-meeting-minutes-july-1-2024_d75.pdf (Minutes)
Foster & Foster Consulting Actuaries Inc's other public contracts
More Town of Surfside contracts
Questions about this contract
Who was awarded the third-party administrator contract by Town of Surfside?
Foster & Foster Consulting Actuaries Inc was awarded this third-party administrator contract by Town of Surfside, as recorded on July 1, 2024. The contract value is $40,000/year for Retirement Plan, $20,000/year for Chapter 185 Share Plan.
How much is the Foster & Foster Consulting Actuaries Inc contract with Town of Surfside worth?
The Foster & Foster Consulting Actuaries Inc contract with Town of Surfside is valued at $40,000/year for Retirement Plan, $20,000/year for Chapter 185 Share Plan, covering third-party administrator work.
What type of contract is this?
This is a Third-Party Administrator contract, documented as a minutes record.
Where was this contract approved?
This contract appears in town-of-surfside-pension-board-meeting-minutes-july-1-2024_d75.pdf (Minutes), dated July 1, 2024 from Town of Surfside. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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