Springfield Township Board of Education AgendaPacket 2026-06-17
Prescription Drug Benefits with Public Employer Trust Renewed
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Description
The Board renewed its prescription drug benefits agreement with the Public Employer Trust for the period July 1, 2026 through June 30, 2027. The District will continue pooled prescription coverage with monthly premium payments and automatic renewal provisions.
Contract Details
Vendor
PUBLIC EMPLOYER TRUST
Agency
Springfield Township School District, NJ
Contract Type
INSURANCE
Document Date
June 17, 2026
Contract Term
July 1, 2026 to June 30, 2027
Renewal Date
2027-06-30
Renewal Info
Participation continues annually with automatic renewal unless 60 days advance written termination notice is given to the administrator; rates may be adjusted based on trust claims experience; administrator may change carriers if benefits are maintained or improved.
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