INSURANCEPENDING

City Proposes Contributions to PORAC Retiree Trust

The proposed MOU requires the City of Chico to transfer monthly employee and employer contributions to the PORAC Retiree Medical Trust. Each contribution would be $100 per month per current bargaining-unit employee, supporting retiree medical expenses.

Document date · September 15, 2026

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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
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Scope & details

The full contract record, as filed.

Contract amount
$100.00 per month employee contribution plus $100.00 per month employer contribution per employee
Contract type
INSURANCE
Contract term
Upon ratification of the side letter/MOU through June 30, 2030
Renewal date
2030-06-30
Renewal
The executed agreement must be sent to the Trust Office within 14 days after renewal or ratification; no separate renewal option is stated.
Document type
Agreement
Source document
City of Chico Agreement Memorandum of Understanding between City of Chico and Chico Police Management Employees 2026-09-15

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by City of Chico?

Porac Retiree Medical Trust was awarded this insurance contract by City of Chico, as recorded on September 15, 2026. The contract value is $100.00 per month employee contribution plus $100.00 per month employer contribution per employee.

How much is the Porac Retiree Medical Trust contract with City of Chico worth?

The Porac Retiree Medical Trust contract with City of Chico is valued at $100.00 per month employee contribution plus $100.00 per month employer contribution per employee, covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a agreement record.

Where was this contract approved?

This contract appears in City of Chico Agreement Memorandum of Understanding between City of Chico and Chico Police Management Employees 2026-09-15 (Agreement), dated September 15, 2026 from City of Chico. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Porac Retiree Medical Trust hold?

Porac Retiree Medical Trust 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 Porac Retiree Medical Trust's profile

What is City of Chico currently buying?

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

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