FINANCIAL_SERVICESAPPROVED

Livingston County Awards Financial Services Contract to Municipal Employees’ Retirement System of Michigan (February 2026)

Livingston County Board of Commissioners approved a resolution to optimize pension funding by transferring surplus division assets to Municipal Employees’ Retirement System of Michigan (MERS), prioritizing debt reduction layers and maintaining a minimum annual UAL payment of $6,413,760. The strategic funding approach aims to retire county pension debt ahead of schedule.

Status
APPROVED
Document date
February 23, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Municipal Employees’ Retirement System of Michigan
Agency
Livingston County · MI

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
$6,413,760 per year (minimum UAL payment); annual required contribution: $8,738,088
Contract type
FINANCIAL_SERVICES
Contract term
Annual payment; ongoing until pension debt retired
Renewal
Payments and transfers are ongoing annually until pension debt is retired; additional discretionary payments permitted at any time.
Document type
Resolution
Source document
Livingston County Resolution 2026-02-020 Pension Funding Optimization

Related contracts

Other contracts from Municipal Employees’ Retirement System of Michigan.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Livingston County?

Municipal Employees’ Retirement System of Michigan was awarded this financial services contract by Livingston County, as recorded on February 23, 2026. The contract value is $6,413,760 per year (minimum UAL payment); annual required contribution: $8,738,088.

How much is the Municipal Employees’ Retirement System of Michigan contract with Livingston County worth?

The Municipal Employees’ Retirement System of Michigan contract with Livingston County is valued at $6,413,760 per year (minimum UAL payment); annual required contribution: $8,738,088, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Livingston County Resolution 2026-02-020 Pension Funding Optimization (Resolution), dated February 23, 2026 from Livingston County. 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.

View Municipal Employees’ Retirement System of Michigan's profile

What is Livingston County currently buying?

Explore Livingston County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Livingston County'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