City of Portsmouth Fiscal Year 2027 Proposed Annual Budget 2026-05-28
Madison National Life Insurance Rates Increase for FY27
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Description
The City renewed its group life and disability insurance contract with Madison National Life Insurance Co. for municipal employees for FY27, reflecting an 8% rate increase.
Contract Details
Contract Amount
Increase for municipal employees: Life +$1,668, Disability +$3,054 (+8.05% / 8.05%); total not specified
Vendor
MADISON NATIONAL LIFE INSURANCE CO
Agency
Portsmouth School District, NH
Contract Type
INSURANCE
Document Date
May 28, 2026
Contract Term
Fiscal Year 2027
Renewal Date
2027-06-30
Renewal Info
Annual contract renewal.
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