FINANCIAL_SERVICESPENDING

Board Considers Regular PRIM Withdrawals for Payroll

The Executive Director proposed instituting regular monthly withdrawals from PRIM to cover retiree payroll, signaling a potential adjustment to the System’s cash flow management approach pending Board action.

Status
PENDING
Document date
May 18, 2026
Contract type
FINANCIAL_SERVICES
Vendor
PRIM
Agency
Town of Belmont · MA

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Veritone logo
TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
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Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
Monthly withdrawals proposed for retiree payroll
Document type
Minutes
Source document
Belmont Contributory Retirement Board Minutes of Meeting of May 18, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Belmont?

PRIM was awarded this financial services contract by Town of Belmont, as recorded on May 18, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Belmont Contributory Retirement Board Minutes of Meeting of May 18, 2026 (Minutes), dated May 18, 2026 from Town of Belmont. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does PRIM hold?

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

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