Council Approves 2025 Police Pension MMO Payment
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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.
More from PSAB MUNICIPAL RETIREMENT TRUST
More from Borough of Seven Fields
Borough of Seven Fields Council Meeting Minutes April 2026
Borough of Seven Fields Council Meeting Minutes March 2026
Borough of Seven Fields Council Meeting Minutes March 2026
Borough of Seven Fields Council Meeting Agenda February 2026
Borough of Seven Fields Council Meeting Agenda February 2026
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