City of Ojai Agenda City Council Regular Meeting 2025-12-09
Ojai Amends MissionSquare 457 Deferred Compensation Plan
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Description
The City of Ojai will amend its MissionSquare 457 Deferred Compensation Plan to incorporate Roth contributions, SECURE 2.0 options, loan provisions, and deferral of leave cash-outs. The action updates the existing retirement plan arrangement with MissionSquare to expand benefits for City employees.
Contract Details
Vendor
MISSIONSQUARE
Agency
City of Ojai, CA
Contract Type
FINANCIAL_SERVICES
Document Date
December 9, 2025
Renewal Info
Existing MissionSquare 457 governmental plan is being amended to add Roth, SECURE 2.0, loan, and leave cash-out provisions. Underlying provider relationship appears ongoing; no explicit renewal term stated.
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DISCUSSEDMore from City of Ojai
city_of_ojai_department_of_housing_and_community_d.pdf
City of Ojai Agenda City Council Regular Meeting 2025-12-09
City of Ojai Agenda Special Meeting 2025-12-09
City of Ojai Agenda Special Meeting 2025-12-09
City of Ojai Agenda City Council Regular Meeting 2025-12-09
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