City of Peekskill Common Council Agenda Packet 2026-05-26
Peekskill Renews Workers’ Compensation Coverage With PERMA
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Description
The City of Peekskill approved renewal of its workers’ compensation insurance coverage with the Public Employer Risk Management Association (PERMA) for June 1, 2026 through May 31, 2027, in an amount not to exceed $980,363.00. Coverage will protect city employees for workplace injuries and is funded across multiple operating funds.
Contract Details
Contract Amount
Not to exceed $980,363.00
Vendor
PUBLIC EMPLOYER RISK MANAGEMENT ASSOCIATION PERMA
Agency
City of Peekskill, NY
Contract Type
INSURANCE
Document Date
May 26, 2026
Contract Term
June 1, 2026 – May 31, 2027
Renewal Date
2027-05-31
Renewal Info
Renewal of longstanding PERMA workers’ compensation coverage arranged through Alliant Insurance Services; 2026–2027 premium discounted 2% for early payment. No explicit future renewal options stated.
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