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FINANCIAL_SERVICESAPPROVED

borough_of_seven_fields_council_meeting_minutes_oc.pdf

Council Approves 2025 Police Pension MMO Payment

$20,505Borough of Seven FieldsPSAB MUNICIPAL RETIREMENT TRUSTOctober 27, 2025

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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
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

Description

Seven Fields Borough Council approved a $20,505 payment to the PSAB Municipal Retirement Trust for the Borough’s 61.5% share of the 2025 EC/SF Regional Police Pension MMO. This funds the municipality’s annual pension obligation for regional police employees.

Contract Details

Contract Amount

$20,505

Vendor

PSAB MUNICIPAL RETIREMENT TRUST

Agency

Borough of Seven Fields, PA

Contract Type

FINANCIAL_SERVICES

Document Date

October 27, 2025

Contract Term

2025 payment

Renewal Date

2025-12-31

Renewal Info

Annual minimum municipal obligation payment for 2025; future years likely require similar annual payments subject to updated MMO calculations.

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