Board Weighs Replacing Current Pension Administrator
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Description
The advisory board will consider ending its use of One America Financial Partners as a pension fund administrator as part of a proposed transition to new providers for a one‑year term starting in 2026. The item involves restructuring administration of the agency’s retirement plan from a 401(k) to a 457(b) structure.
Contract Details
Vendor
ONE AMERICA FINANCIAL PARTNERS
Agency
Hidalgo Housing Authority, TX
Contract Type
FINANCIAL_SERVICES
Document Date
May 28, 2026
Contract Term
Change effective for one (1) year starting 2026
Renewal Info
Proposed change would end the current pension administration relationship beginning in 2026 for a one‑year period.
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