Board Sets Gallagher Broker Compensation Terms
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Description
The Board approved a compensation disclosure agreement with Arthur J. Gallagher and Co. for 2026-2027, including $2 per employee per month for dental and a 5% commission on vision contracts. This formalizes broker compensation for employee benefits.
Contract Details
Contract Amount
$2 per employee per month for dental; 5% commission per contract for vision
Vendor
ARTHUR J. GALLAGHER AND CO
Agency
Cresskill Public School District, NJ
Contract Type
INSURANCE
Document Date
June 8, 2026
Contract Term
2026-2027 school year, effective 07/01/2026
Renewal Date
2027-06-30
Renewal Info
Disclosure and compensation terms effective 07/01/2026 for 2026-2027; future years require updated disclosure.
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