City Ends Retirement Plan Deal with Mission Square
Town of AdrianCity · ND- Document date
- Sep 18, 2023
The 30-second brief
Adrian City Commission approved a resolution to transfer administration of its 457(b) Deferred Compensation and Retiree Health Savings plans from Mission Square to the Municipal Employees’ Retirement System of Michigan (MERS) due to service concerns and cost savings. This change impacts approximately $5.66 million in employee retirement assets, with projected savings of $50,000 per year for plan participants.
Mission Square holds this financial services contract with Town of Adrian. Its other public contracts on record include work for Mukwonago village and Williamson County Emergency Services District 7.
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Contract details
- Contract type
- Financial Services
- Document date
- September 18, 2023
- Vendor
- Mission Square
- Agency
- Town of Adrian
- Source document
- adrian-city-commission-meeting-agenda-september-18-2023_699.pdf (Agenda)
Mission Square's other public contracts
More Town of Adrian contracts
Questions about this contract
Who was awarded the financial services contract by Town of Adrian?
Mission Square was awarded this financial services contract by Town of Adrian, as recorded on September 18, 2023.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record.
Where was this contract approved?
This contract appears in adrian-city-commission-meeting-agenda-september-18-2023_699.pdf (Agenda), dated September 18, 2023 from Town of Adrian. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Mission Square hold?
Mission Square may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
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What is Town of Adrian currently buying?
Explore Town of Adrian's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.