City of Oak Park ERS/PSRS Concurrent Meeting Agenda April 2026
ERS pays PNC for Q4 2025 investment counseling
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Description
The Employees’ Retirement System approved payment of $19,234.67 to PNC Institutional Asset Management for investment counseling services for October–December 2025. The fee supports active oversight of ERS investment portfolios.
Contract Details
Contract Amount
$19,234.67
Vendor
PNC INSTITUTIONAL ASSET MANAGEMENT
Agency
City of Oak Park, MI
Contract Type
FINANCIAL_SERVICES
Document Date
April 27, 2026
Contract Term
10/01/2025 – 12/31/2025
Renewal Date
2025-12-31
Renewal Info
Ongoing quarterly investment counseling arrangement for ERS; compensation paid each quarter via EFT.
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