CONTRACTONGOING

City boosts TMRS retirement contribution rate

Document date: Aug 17, 2026

What it covers

The City of Meadows Place will significantly increase its contribution rate to the Texas Municipal Retirement System for FY 2027, raising the employer share to 24.18% of covered payroll while maintaining the employee rate at 7%. This adjustment is intended to correct a funding gap and ensure promised retirement benefits for city employees.

Who holds it

Texas Municipal Retirement System holds this financial services contract with City of Meadows Place. Its other public contracts on record include work for City of Mineral Wells and City of Bellmead.

What happens next

Term as filed: FY 2026-2027; contribution rate increasing from 14.02% to 24.18% of covered payroll.

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Contract details

Contract type: Financial Services
Document date: August 17, 2026
Term: FY 2026-2027; contribution rate increasing from 14.02% to 24.18% of covered payroll
Vendor: Texas Municipal Retirement System
Agency: City of Meadows Place
Source document: City of Meadows Place Adopted Budget FY 2026-2027 2026-08-17 (Budget)

Texas Municipal Retirement System's other public contracts

City of Mineral Wells, TexasCity Approves $2.15 Million Retirement Purchase Order · Nov 3, 2026 City of Bellmead, TexasBellmead Proposes TMRS Retirement Plan Changes · Oct 12, 2026 City of Mineral Wells, TexasRetirement System Funding Purchase Order Proposed · Sep 30, 2026 City of Mineral Wells, TexasMineral Wells Plans Municipal Retirement Purchase Order · Sep 30, 2026 City of McLendon-Chisholm city, TexasCity Considers Higher Texas Municipal Retirement Contributions · Sep 22, 2026Undisclosed All Texas Municipal Retirement System contractsVendor profile

More City of Meadows Place contracts

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Questions about this contract

Who was awarded the financial services contract by City of Meadows Place?

Texas Municipal Retirement System was awarded this financial services contract by City of Meadows Place, as recorded on August 17, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Meadows Place Adopted Budget FY 2026-2027 2026-08-17 (Budget), dated August 17, 2026 from City of Meadows Place. 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 Meadows Place currently buying?

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

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