Polk County School District Board Meeting Agenda May 2026
Board approves BENCOR 401(a) Special Pay Plan restatement
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Description
The School Board of Polk County is approving a restated BENCOR 401(a) Special Pay Plan adoption agreement to maintain IRS compliance for tax-deferred terminal leave payouts. The action carries no direct cost to the district.
Contract Details
Vendor
BENCOR INC
Agency
Polk County School District, FL
Contract Type
FINANCIAL_SERVICES
Document Date
May 5, 2026
Contract Term
Plan restatement cycle every 6 years (current restatement in 2026)
Renewal Date
2032-12-31
Renewal Info
Restatement fulfills the IRS six-year remedial amendment cycle requirement for the 401(a) Special Pay Plan.
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Broward County School Board Retirement Plan Administration & Investment Management Services Contract
AWARDEDlwdd_resolution_2024_04.pdf
APPROVEDlake-worth-drainage-district-board-meeting-agenda-october-16-2024_327.pdf
APPROVEDThe School Board of Broward County Agreement FY21-031 August 2024
RENEWEDSchool Board of Broward County Agreement RFP-FY21-031 Aug 2023
AMENDEDMore from Polk County School District
Polk County School District Work Session Agenda May 2026
Polk County School District Board Meeting Agenda May 2026
Polk County School District Board Meeting Agenda May 2026
Polk County School District Board Meeting Agenda May 2026
Polk County School District Board Meeting Agenda May 2026
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