City of Oak Park ERS/PSRS Concurrent Meeting Agenda April 2026
PSRS pays PNC for Q3 2025 investment counseling
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Description
The Public Safety Retirement System approved a $45,941.60 payment to PNC Institutional Asset Management for investment counseling services covering July through September 2025. This fee supports ongoing management of PSRS assets.
Contract Details
Contract Amount
$45,941.60
Vendor
PNC INSTITUTIONAL ASSET MANAGEMENT
Agency
City of Oak Park, MI
Contract Type
FINANCIAL_SERVICES
Document Date
April 27, 2026
Contract Term
7/01/2025 – 9/30/2025
Renewal Date
2025-09-30
Renewal Info
Ongoing quarterly investment counseling arrangement for PSRS; fees paid by EFT each quarter based on services rendered.
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