FINANCIAL_SERVICESONGOING

Crowley 2026 TMRS pension contribution requirements

The City of Crowley will make estimated 2026 employer pension contributions of about $1.49 million to the Texas Municipal Retirement System at a total contribution rate of 12.75% of payroll. The rate, derived from the December 31, 2024 actuarial valuation, exceeds the statutory maximum full retirement rate and will require follow‑up action by the city in consultation with TMRS.

Status
ONGOING
Document date
June 3, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Texas Municipal Retirement System (tmrs)
Agency
City of Crowley city · TX

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TerraCycle logo
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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 amount
Estimated employer contribution $1,494,160 for 2026
Contract type
FINANCIAL_SERVICES
Contract term
Calendar year 2026 contributions based on December 31, 2024 valuation
Renewal date
2026-12-31
Renewal
TMRS employer contribution rates are recalculated annually via actuarial valuation; the 2024 valuation sets the required rate for calendar year 2026, and future years will be reset based on subsequent valuations and any plan or statutory changes.
Document type
Report
Source document
city-of-crowley-tmrs-actuarial-valuation-report-june-3-2025_8ca.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Crowley city?

Texas Municipal Retirement System (tmrs) was awarded this financial services contract by City of Crowley city, as recorded on June 3, 2025. The contract value is Estimated employer contribution $1,494,160 for 2026.

How much is the Texas Municipal Retirement System (tmrs) contract with City of Crowley city worth?

The Texas Municipal Retirement System (tmrs) contract with City of Crowley city is valued at Estimated employer contribution $1,494,160 for 2026, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city-of-crowley-tmrs-actuarial-valuation-report-june-3-2025_8ca.pdf (Report), dated June 3, 2025 from City of Crowley city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Texas Municipal Retirement System (tmrs) hold?

Texas Municipal Retirement System (tmrs) 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 Texas Municipal Retirement System (tmrs)'s profile

What is City of Crowley city currently buying?

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

View City of Crowley city's profile

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