Ongoing MERS Retirement Plan Contributions Increased for 2024-25
City of MasonCity · NE- Disclosed value
- $250,000 voluntary employer contribution (2022); city contributions estimated $69,905 increase (FY 2024-25)
- From budget
- Document date
- Apr 8, 2024
- Term
- Annual, ongoing
The 30-second brief
City of Mason maintains annual financial service contract with MERS for employee retirement and pension administration. City increases its contributions as outlined in the FY 2024-25 budget, focusing on reducing net pension liability.
MERS holds this financial services contract with City of Mason. Its other public contracts on record include work for City of Whitehall and Gladstone Housing Commission.
Term as filed: Annual, ongoing.
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Contract details
- Contract type
- Financial Services
- Amount
- $250,000 voluntary employer contribution (2022); city contributions estimated $69,905 increase (FY 2024-25)
- Document date
- April 8, 2024
- Term
- Annual, ongoing
- Vendor
- MERS
- Agency
- City of Mason
- Source document
- city-of-mason-city-council-budget-workshop-agenda-april-8-2024_4e0.pdf (Budget)
MERS's other public contracts
More City of Mason contracts
Questions about this contract
Who was awarded the financial services contract by City of Mason?
MERS was awarded this financial services contract by City of Mason, as recorded on April 8, 2024. The contract value is $250,000 voluntary employer contribution (2022); city contributions estimated $69,905 increase (FY 2024-25).
How much is the MERS contract with City of Mason worth?
The MERS contract with City of Mason is valued at $250,000 voluntary employer contribution (2022); city contributions estimated $69,905 increase (FY 2024-25), covering financial services work.
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-mason-city-council-budget-workshop-agenda-april-8-2024_4e0.pdf (Budget), dated April 8, 2024 from City of Mason. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does MERS hold?
MERS may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Mason currently buying?
Explore City of Mason's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.