FINANCIAL_SERVICESAPPROVED

City of Traverse Awards Financial Services Contract to Municipal Employees' Retirement System of Michigan (August 2026)

The City Commission will authorize execution of a Health Care Savings Program Withdrawal and Asset Transfer Agreement with MERS to close out a firefighters HCSP division and transfer assets to the IAFF MERP. This finalizes plan termination approved earlier in 2026.

Status
APPROVED
Document date
August 17, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Municipal Employees' Retirement System of Michigan
Agency
City of Traverse · MI

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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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
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Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Renewal date
2026-07-17
Renewal
Agreement terminates MERS fiduciary duties for the identified HCSP division; no renewal anticipated.
Document type
Agenda
Source document
City of Traverse City Agenda 2026-08-17

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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 Traverse?

Municipal Employees' Retirement System of Michigan was awarded this financial services contract by City of Traverse, as recorded on August 17, 2026.

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 Traverse City Agenda 2026-08-17 (Agenda), dated August 17, 2026 from City of Traverse. 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 Traverse currently buying?

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

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