OCERS to Administer COTPA 457 Plans Under New Agreement
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Description
The Oklahoma City Employee Retirement System plans to enter into an Administrative Services Agreement with the Central Oklahoma Transportation and Parking Authority to administer 457 Deferred Compensation Plans from January 1 through June 30, 2025, generating $8,500 in revenue. The agreement formalizes OCERS’ provision of retirement plan administration services to COTPA.
Contract Details
Contract Amount
Revenue $8,500.00
Vendor
CENTRAL OKLAHOMA TRANSPORTATION & PARKING AUTHORITY (COTPA)
Agency
City of Oklahoma, OK
Contract Type
FINANCIAL_SERVICES
Document Date
September 11, 2025
Contract Term
January 1, 2025 through June 30, 2025
Renewal Date
2025-06-30
Renewal Info
Initial administrative services agreement term runs January 1, 2025 through June 30, 2025; any renewals or extensions are not described in the agenda.
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