CONTRACTONGOING

USD 340 Establishes 403(b) Match Plan With Security Benefit

Jefferson West Unified School District 340 logoJefferson West Unified School District 340
Disclosed value
Match up to $50 per month (KPERS Tier 1 & 2) and up to $100 per month (KPERS Tier 3) per employee; early retirement stipend $2,000–$9,000 to 403(b) plan
From agreement
Document date
Nov 2, 2026

The 30-second brief

What it covers

USD 340 will partner with Security Benefit to administer and fund a district-approved 403(b) retirement match plan for certified staff, including tiered monthly matches and vesting schedules based on KPERS tiers. The agreement also routes early retirement stipends for long-serving employees directly into their 403(b) accounts according to a defined schedule from the 2024-25 through 2029 school years and beyond.

Who holds it

Security Benefit holds this financial services contract with Jefferson West Unified School District 340. Its other public contracts on record include work for North Bend School District 13 and Passaic County Technical-Vocational School District.

What happens next

Term as filed: Ongoing beginning at time of implementation; specific early retirement stipend schedule for school years 2024-25 through 2029 and beyond.

See who decides the next one before it's bid.

Get pre-RFPs free

Free account · 30-second setup · No credit card

Contract details

Contract type
Financial Services
Amount
Match up to $50 per month (KPERS Tier 1 & 2) and up to $100 per month (KPERS Tier 3) per employee; early retirement stipend $2,000–$9,000 to 403(b) plan
Document date
November 2, 2026
Term
Ongoing beginning at time of implementation; specific early retirement stipend schedule for school years 2024-25 through 2029 and beyond
Source document
USD 340 Agreement 2026-27 Negotiated Agreement 2026-11-02 (Agreement)

Security Benefit's other public contracts

More Jefferson West Unified School District 340 contracts

Questions about this contract

Who was awarded the financial services contract by Jefferson West Unified School District 340?

Security Benefit was awarded this financial services contract by Jefferson West Unified School District 340, as recorded on November 2, 2026. The contract value is Match up to $50 per month (KPERS Tier 1 & 2) and up to $100 per month (KPERS Tier 3) per employee; early retirement stipend $2,000–$9,000 to 403(b) plan.

How much is the Security Benefit contract with Jefferson West Unified School District 340 worth?

The Security Benefit contract with Jefferson West Unified School District 340 is valued at Match up to $50 per month (KPERS Tier 1 & 2) and up to $100 per month (KPERS Tier 3) per employee; early retirement stipend $2,000–$9,000 to 403(b) plan, covering financial services work.

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 USD 340 Agreement 2026-27 Negotiated Agreement 2026-11-02 (Agreement), dated November 2, 2026 from Jefferson West Unified School District 340. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does Security Benefit hold?

Security Benefit may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Jefferson West Unified School District 340 currently buying?

Explore Jefferson West Unified School District 340's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

Work in government? Get Civic IQ free →