ERS to Administer COTPA 457 Plans Under New Agreement
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Description
The Oklahoma City Employee Retirement System Board approved an Administrative Services Agreement with the Central Oklahoma Transportation and Parking Authority to administer 457 Deferred Compensation Plans from January 1, 2025 through June 30, 2025, for $8,500 in revenue. The agreement formalizes the System’s provision of plan administration services to COTPA.
Contract Details
Contract Amount
$8,500.00 revenue
Vendor
CENTRAL OKLAHOMA TRANSPORTATION & PARKING AUTHORITY (COTPA)
Agency
City of Oklahoma, OK
Contract Type
FINANCIAL_SERVICES
Document Date
August 14, 2025
Contract Term
January 1, 2025 through June 30, 2025
Renewal Date
2025-06-30
Renewal Info
Fixed-term administrative services agreement running January 1, 2025 through June 30, 2025; any renewal or extension beyond this period is not described in the minutes.
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