CONTRACTDISCUSSSED

County Reviews MERS DC and 457 Loan Provisions

Missaukee County
Document date
Nov 5, 2026

The 30-second brief

What it covers

Missaukee County is reviewing a MERS Defined Contribution and 457 Loan Addendum that would govern participant loans from retirement accounts, including prime‑plus‑2% interest rates, five‑year terms, payroll repayment, and a $150 processing fee. The Finance Committee agenda lists the MERS DC Plan Agreement for discussion and possible action.

Who holds it

Mers Municipal Employees' Retirement System holds this financial services contract with Missaukee County.

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Contract details

Contract type
Financial Services
Document date
November 5, 2026
Vendor
Mers Municipal Employees' Retirement System
Source document
Missaukee County AgendaPacket Finance Committee Meeting November 5, 2026 (AgendaPacket)

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Questions about this contract

Who was awarded the financial services contract by Missaukee County?

Mers Municipal Employees' Retirement System was awarded this financial services contract by Missaukee County, as recorded on November 5, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Missaukee County AgendaPacket Finance Committee Meeting November 5, 2026 (AgendaPacket), dated November 5, 2026 from Missaukee County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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