FINANCIAL_SERVICESAPPROVED

Detroit Transportation Corporation Awards Financial Services Contract to Municipal Employees’ Retirement System (mers) (July 2025)

The Detroit Transportation Corporation board is scheduled to approve adoption of the Municipal Employees’ Retirement System (MERS) Defined Benefit Plan, moving its internally managed retirement accounts at Comerica into the MERS system. The action formalizes MERS as the provider and administrator of the agency’s pension benefits.

Status
APPROVED
Document date
July 24, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Municipal Employees’ Retirement System (mers)
Agency
Detroit Transportation Corporation · MI

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WithersRavenel logo
Derivita logo
Comcate logo
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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
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Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Document type
Agenda
Source document
Detroit Transportation Corporation Board of Directors Meeting Agenda July 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 Detroit Transportation Corporation?

Municipal Employees’ Retirement System (mers) was awarded this financial services contract by Detroit Transportation Corporation, as recorded on July 24, 2025.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Detroit Transportation Corporation Board of Directors Meeting Agenda July 2025 (Agenda), dated July 24, 2025 from Detroit Transportation Corporation. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Municipal Employees’ Retirement System (mers) hold?

Municipal Employees’ Retirement System (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.

View Municipal Employees’ Retirement System (mers)'s profile

What is Detroit Transportation Corporation currently buying?

Explore Detroit Transportation Corporation's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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