KERIT Workers' Comp Premium Payment Approved for 2026
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Description
The City Commission approved a $133,783 payment to Kansas Eastern Regional Insurance Trust for the first half of 2026 workers' compensation premiums after applying the annual dividend. This payment secures mandatory insurance for municipal employees.
Contract Details
Contract Amount
$133,783.00 (first half installment), full invoice $165,857 less $32,074 dividend
Vendor
KANSAS EASTERN REGIONAL INSURANCE TRUST
Agency
City of McPherson, KS
Contract Type
INSURANCE
Document Date
December 30, 2025
Contract Term
First half of 2026
Renewal Date
2026-06-30
Renewal Info
Premiumpaid in installments, next (second half) installment due later in 2026. Annual renewal of coverage expected.
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