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FINANCIAL_SERVICESAPPROVED

Enoch City AgendaPacket Regular Council Meeting 2026-06-17

City to fund full URS Tier II public safety contribution

Approximately $42,000 annually (5.98% Tier II Public Safety contributions)Town of EnochUTAH RETIREMENT SYSTEMS (URS)June 17, 2026

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Derivita logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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IANS Research logo
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Veritone logo
TerraCycle logo
Cyvl logo
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Description

Enoch City Council approved Resolution 2026-06-17-B to have the city pay the full 5.98% Tier II Public Safety employee retirement contribution to Utah Retirement Systems for Fiscal Year 2027. The commitment is expected to cost approximately $42,000 annually and enhances retirement benefits for public safety staff.

Contract Details

Contract Amount

Approximately $42,000 annually (5.98% Tier II Public Safety contributions)

Vendor

UTAH RETIREMENT SYSTEMS (URS)

Agency

Town of Enoch, OH

Contract Type

FINANCIAL_SERVICES

Document Date

June 17, 2026

Contract Term

Effective July 1, 2026 for Fiscal Year 2027; ongoing annual retirement program

Renewal Date

2027-06-30

Renewal Info

Resolution specifies the 5.98% contribution rate for Fiscal Year 2027 effective July 1, 2026; future contribution levels may be adjusted by council action as URS rates change.

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