Mentor Exempted Village Schools Awards Financial Services Contract to Equitable Financial Life Insurance Company (June 2026)

The Mentor Exempted Village School District Board of Education approved an amendment to its 403(b) plan administered with Equitable Financial Life Insurance Company to establish a Special Pay Plan using nonelective employer contributions based on unused sick and vacation leave. The Treasurer is authorized to execute the Equitable Adoption Agreement and related documents, with contributions made over up to five years following retirement subject to IRS limits.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Beginning the month following each affected employee’s retirement date and for up to five years following retirement

Renewal

Resolution authorizes ongoing use of Equitable for consultation and administrative services and permits execution of an Equitable Adoption Agreement for the Special Pay Plan. No specific expiration or renewal schedule is stated; arrangement continues subject to future Board action and compliance with applicable law.

Document type

Resolution

Source document

Mentor Exempted Village School District Resolution Approving and Authorizing Internal Revenue Code Section 403(b) Special Pay Plan 2026-06-09

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Mentor Exempted Village Schools?

Equitable Financial Life Insurance Company was awarded this financial services contract by Mentor Exempted Village Schools, as recorded on June 9, 2026.

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 Mentor Exempted Village School District Resolution Approving and Authorizing Internal Revenue Code Section 403(b) Special Pay Plan 2026-06-09 (Resolution), dated June 9, 2026 from Mentor Exempted Village Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Equitable Financial Life Insurance Company hold?

Equitable Financial Life Insurance Company 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 Equitable Financial Life Insurance Company's profile

What is Mentor Exempted Village Schools currently buying?

Explore Mentor Exempted Village Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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