City of Chico Awards Insurance Contract to Porac Retiree Medical Trust (May 2026)
City of ChicoCity · CA- Disclosed value
- $100.00 per month employee contribution plus $100.00 per month employer contribution for each participating employee
- From agreement
- Approved
- May 5, 2026
The 30-second brief
The City of Chico approved a side letter with the Chico Police Officers Association to continue participation in the PORAC Retiree Medical Trust, requiring $100 monthly pre-tax contributions from both employees and the City for each covered employee. The City will remit contributions via ACH, provide demographic and contribution reporting, and cooperate with Trust audits, while funds remain restricted to retiree health insurance and medical expenses through June 30, 2026.
Porac Retiree Medical Trust holds this insurance contract with City of Chico. Its other public contracts on record include work for City of Belvedere and City of Fountain Valley.
Term as filed: Effective April 9, 2026 through June 30, 2026, with monthly contributions and reporting deadlines tied to each payroll.
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Contract details
- Contract type
- Insurance
- Amount
- $100.00 per month employee contribution plus $100.00 per month employer contribution for each participating employee
- Document date
- May 5, 2026
- Term
- Effective April 9, 2026 through June 30, 2026, with monthly contributions and reporting deadlines tied to each payroll
- Agency
- City of Chico
- Source document
- City of Chico Agreement Side Letter Agreement regarding Retiree Medical Trust 2026-05-05 (Agreement)
Porac Retiree Medical Trust's other public contracts
More City of Chico contracts
Questions about this contract
Who was awarded the insurance contract by City of Chico?
Porac Retiree Medical Trust was awarded this insurance contract by City of Chico, as recorded on May 5, 2026. The contract value is $100.00 per month employee contribution plus $100.00 per month employer contribution for each participating employee.
How much is the Porac Retiree Medical Trust contract with City of Chico worth?
The Porac Retiree Medical Trust contract with City of Chico is valued at $100.00 per month employee contribution plus $100.00 per month employer contribution for each participating employee, covering insurance work.
What type of contract is this?
This is a Insurance contract, documented as a agreement record.
Where was this contract approved?
This contract appears in City of Chico Agreement Side Letter Agreement regarding Retiree Medical Trust 2026-05-05 (Agreement), dated May 5, 2026 from City of Chico. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Porac Retiree Medical Trust hold?
Porac Retiree Medical Trust may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Chico currently buying?
Explore City of Chico's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.