INSURANCEONGOING

City Continues Contributions to PORAC Retiree Medical Trust

The City of Chico and the Chico Police Officers Association formalized continued participation in the PORAC Retiree Medical Trust, requiring mandatory pre-tax contributions of $100 per month each from the City and employees for retiree medical benefits. The agreement defines the City’s limited administrative role in transferring funds, meeting reporting and audit rules, and ensuring trust monies are used only for eligible retiree health expenses through June 30, 2026.

Status
ONGOING
Document date
May 5, 2026
Contract type
INSURANCE
Vendor
Porac Retiree Medical Trust
Agency
City of Chico · CA

Trusted by teams at

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
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$100.00 per month employee contribution; $100.00 per month employer contribution for each participating employee
Contract type
INSURANCE
Contract term
Effective April 9, 2026 through June 30, 2026 (per Side Letter Agreement term)
Renewal date
2026-06-30
Renewal
Side Letter Agreement amends the 2023 MOU-CPOA and remains in effect until June 30, 2026; renewals or ratifications must be provided electronically to the Trust Office within 14 days. Any amendments or modifications must be in writing, signed, and dated by both parties.
Document type
Agreement
Source document
City of Chico Agreement Side Letter Agreement regarding Retiree Medical Trust 2026-05-05

Related contracts

Other contracts from Porac Retiree Medical Trust.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by City of Chico?

Porac Retiree Medical Trust was awarded this insurance contract by City of Chico, as recorded on May 5, 2026. The contract value is $100.00 per month employee contribution; $100.00 per month employer contribution for each participating employee.

How much is the Porac Retiree Medical Trust contract with City of Chico worth?

The Porac Retiree Medical Trust contract with City of Chico is valued at $100.00 per month employee contribution; $100.00 per month employer contribution for each participating employee, covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a agreement record.

Where was this contract approved?

This contract appears in City of Chico Agreement Side Letter Agreement regarding Retiree Medical Trust 2026-05-05 (Agreement), dated May 5, 2026 from City of Chico. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Porac Retiree Medical Trust hold?

Porac Retiree Medical Trust may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Porac Retiree Medical Trust's profile

What is City of Chico currently buying?

Explore City of Chico's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Chico's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free