FINANCIAL_SERVICESONGOING

DROP Retirement Program with MERS Reviewed

The City of Walker continues its participation with Municipal Employees' Retirement System of Michigan (MERS) for the provision of a Deferred Retirement Option Plan (DROP) available to eligible police employees, with participation periods ranging from 6 to 60 months.

Status
ONGOING
Document date
February 23, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Municipal Employees' Retirement System of Michigan
Agency
City of Walker · MI

Trusted by teams at

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

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
6 to 60 months participation for eligible employees
Renewal
Participation in DROP is irrevocable once elected by employees, program appears to be ongoing through MERS.
Document type
Minutes
Source document
City of Walker Personnel Committee Meeting Minutes Feb 2026

Related contracts

Other contracts from Municipal Employees' Retirement System of Michigan.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Walker?

Municipal Employees' Retirement System of Michigan was awarded this financial services contract by City of Walker, as recorded on February 23, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Walker Personnel Committee Meeting Minutes Feb 2026 (Minutes), dated February 23, 2026 from City of Walker. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Municipal Employees' Retirement System of Michigan hold?

Municipal Employees' Retirement System of Michigan may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Municipal Employees' Retirement System of Michigan's profile

What is City of Walker currently buying?

Explore City of Walker's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Walker's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free