Retiree annuity payouts routed through Horace Mann

Russell County Public Schools proposes a Special Pay Policy requiring retirees with at least $1,000 in unused leave payouts to process those funds through Horace Mann as a group fixed annuity option. The policy aims to provide tax savings for both employees and the school division beginning with 2025-2026 retirees.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Effective for the 2025-2026 retirees

Renewal

Ongoing use of Horace Mann for qualifying retiree leave payouts beginning with the 2025-2026 school year; no explicit end date or renewal terms stated.

Document type

Policy

Source document

Russell County Public Schools Policy Special Pay Policy-Group Fixed Annuity 2026-03-02

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Russell County Public Schools?

Horace Mann was awarded this financial services contract by Russell County Public Schools, as recorded on March 2, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Russell County Public Schools Policy Special Pay Policy-Group Fixed Annuity 2026-03-02 (Policy), dated March 2, 2026 from Russell County Public Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Horace Mann hold?

Horace Mann 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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