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INSURANCEAPPROVED

City of Pekin Regular City Council Meeting Agenda 2026-06-08

Pekin Renews Employee Benefits Coverage with IPBC

$393,122.83 (April 2026); $384,858.76 (May 2026)City of Pekin cityINTERGOVERNMENTAL PERSONNEL BENEFIT COOPERATIVEJune 8, 2026

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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

Description

The City of Pekin approved monthly payments to the Intergovernmental Personnel Benefit Cooperative for employee health, dental, vision, and life insurance premiums, totaling over $390,000 for April and $380,000 for May 2026.

Contract Details

Contract Amount

$393,122.83 (April 2026); $384,858.76 (May 2026)

Vendor

INTERGOVERNMENTAL PERSONNEL BENEFIT COOPERATIVE

Agency

City of Pekin city, IL

Contract Type

INSURANCE

Document Date

June 8, 2026

Contract Term

Monthly premiums

Renewal Date

2026-05-31

Renewal Info

Monthly ongoing premium payments; plan renewed and adjusted annually per cooperative agreement.

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