CONTRACTAPPROVED

Mesilla Valley MPO Awards Financial Services Contract to Public Employees Retirement Association (May 2025)

Mesilla Valley MPO
Disclosed value
16.15% of member salary (employee), 11.30% of salary (employer)
From resolution
Approved
May 14, 2025

The 30-second brief

What it covers

The Mesilla Valley Metropolitan Planning Organization Board approved affiliation with the Public Employees Retirement Association (PERA) under Municipal General Member Coverage Plan 3. This action provides MPO employees with retirement benefits administered by PERA, effective June 1, 2025, with contribution rates of 16.15% (employee) and 11.30% (employer).

Who holds it

Public Employees Retirement Association holds this financial services contract with Mesilla Valley MPO. Its other public contracts on record include work for Nobles County and City of Mounds View.

What happens next

Term as filed: Effective June 1, 2025; annual contributions; renewal governed by statute.

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Contract details

Contract type
Financial Services
Amount
16.15% of member salary (employee), 11.30% of salary (employer)
Document date
May 14, 2025
Term
Effective June 1, 2025; annual contributions; renewal governed by statute
Source document
mesilla_valley_mpo_resolution_25_11_approving_pera.pdf (Resolution)

Public Employees Retirement Association's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Mesilla Valley MPO?

Public Employees Retirement Association was awarded this financial services contract by Mesilla Valley MPO, as recorded on May 14, 2025. The contract value is 16.15% of member salary (employee), 11.30% of salary (employer).

How much is the Public Employees Retirement Association contract with Mesilla Valley MPO worth?

The Public Employees Retirement Association contract with Mesilla Valley MPO is valued at 16.15% of member salary (employee), 11.30% of salary (employer), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record.

Where was this contract approved?

This contract appears in mesilla_valley_mpo_resolution_25_11_approving_pera.pdf (Resolution), dated May 14, 2025 from Mesilla Valley MPO. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Public Employees Retirement Association hold?

Public Employees Retirement Association may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Mesilla Valley MPO currently buying?

Explore Mesilla Valley MPO's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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