Town of Soo Awards Financial Services Contract to Municipal Employees’ Retirement System of Michigan (July 2026)

The City of Sault Ste. Marie approved a MERS 457 Participation Agreement with the Municipal Employees’ Retirement System of Michigan effective September 1, 2026, appointing MERS as administrator of the city’s 457 deferred compensation plan. The agreement covers specified employee groups and allows for employer contributions as detailed in a separate addendum.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Effective 09/01/2026; ongoing until terminated per MERS 457 Plan Document

Renewal

Agreement remains in effect until terminated in accordance with the MERS 457 Plan Document; future amendments require adoption of a new participation agreement and MERS approval.

Document type

Agreement

Source document

City of Sault Ste. Marie MERS 457 Participation Agreement 2026-09-01

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Soo?

Municipal Employees’ Retirement System of Michigan was awarded this financial services contract by Town of Soo, as recorded on July 19, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agreement record.

Where was this contract approved?

This contract appears in City of Sault Ste. Marie MERS 457 Participation Agreement 2026-09-01 (Agreement), dated July 19, 2026 from Town of Soo. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Municipal Employees’ Retirement System of Michigan hold?

Municipal Employees’ Retirement System of Michigan may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Town of Soo currently buying?

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

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