Charter Township of Bedford Board Meeting Agenda March 2026
Township Approves New Retirement Plan with John Hancock
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Description
The Charter Township of Bedford Board approved adoption of a new 401(a) retirement plan with John Hancock Financial. The plan introduces a mandatory employee contribution and matching employer contributions, and supersedes the previous plan for new hires as of March 10, 2026.
Contract Details
Vendor
JOHN HANCOCK FINANCIAL
Agency
Town of Bedford charter, MI
Contract Type
FINANCIAL_SERVICES
Document Date
March 10, 2026
Renewal Info
Plan replaces prior policy for new employees/officials. No auto-renewal clause referenced.
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