Red Bank Borough Public Schools Board of Education Regular Voting Meeting Agenda 2026-05-12
PenServ hired as TPA for retirement plans
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Description
The Board engaged PenServ as third party administrator for the district’s 403(b) and 457(b) retirement plans for the 2026-2027 school year. PenServ will handle plan administration and compliance.
Contract Details
Vendor
PENSERV
Agency
Red Bank Borough Public School District, NJ
Contract Type
FINANCIAL_SERVICES
Document Date
May 12, 2026
Contract Term
2026-2027 school year
Renewal Date
2027-06-30
Renewal Info
TPA services authorized for 2026-2027; extension beyond that year requires new approval.
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Red Bank Borough Public Schools Board of Education Regular Voting Meeting Agenda 2026-05-12
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Red Bank Borough Public Schools Board of Education Regular Voting Meeting Agenda 2026-05-12
Red Bank Borough Public Schools Board of Education Regular Voting Meeting Agenda 2026-05-12
Red Bank Borough Public Schools Board of Education Regular Voting Meeting Agenda 2026-05-12
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