Bellmead Proposes TMRS Retirement Plan Changes | City of Bellmead | TEXAS MUNICIPAL RETIREMENT SYSTEM

Scope & details

The full contract record, as filed.

Contract amount

Employee contribution rate increases from 7.00% to 8.00%; proposed total City contribution rate is 16.37%, including a 16.17% retirement contribution and 0.20% supplemental death benefit

Contract type

FINANCIAL_SERVICES

Contract term

Effective January 1, 2027; annually repeating Updated Service Credits and COLAs

Renewal date

2027-01-01

Renewal

The ordinance provides for annually repeating Updated Service Credits and retiree COLAs, subject to statutory actuarial determinations and TMRS approval. The signed ordinance must be submitted to TMRS before the January 1, 2027 effective date.

Document type

Agenda

Source document

City of Bellmead Agenda 2026-10-13

Frequently asked questions

Common questions about this contract, answered from the record.

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

Texas Municipal Retirement System was awarded this financial services contract by City of Bellmead, as recorded on October 12, 2026. The contract value is Employee contribution rate increases from 7.00% to 8.00%; proposed total City contribution rate is 16.37%, including a 16.17% retirement contribution and 0.20% supplemental death benefit.

How much is the Texas Municipal Retirement System contract with City of Bellmead worth?

The Texas Municipal Retirement System contract with City of Bellmead is valued at Employee contribution rate increases from 7.00% to 8.00%; proposed total City contribution rate is 16.37%, including a 16.17% retirement contribution and 0.20% supplemental death benefit, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Bellmead Agenda 2026-10-13 (Agenda), dated October 12, 2026 from City of Bellmead. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Texas Municipal Retirement System hold?

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

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What is City of Bellmead currently buying?

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