FINANCIAL_SERVICESAPPROVED

Town of Georgetown Awards Financial Services Contract to Indiana Public Retirement System (August 2026)

The Town of Georgetown approved a resolution to participate in the Public Employees' Retirement Fund administered by the Indiana Public Retirement System, offering eligible employees a choice between PERF Hybrid and PERF My Choice. The Town committed to 100% employer pick-up of mandatory contributions, a 50% match on voluntary contributions, and automatic enrollment in PERF Hybrid for employees who do not make an election, with active membership beginning September 1, 2026.

Document date · August 17, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
Active participation membership begins September 1, 2026; ongoing retirement fund participation subject to annual actuarial review and adjustment
Renewal
Participation in PERF Hybrid and PERF My Choice is ongoing, with actuarial cost percentages for the Fund reviewed and adjusted annually. The Town must appropriate funds each year to meet its obligations and make supplemental contributions toward unfunded liabilities; changes to participation terms would require future board action and INPRS approval.
Document type
Resolution
Source document
Town of Georgetown Resolution Electing to Join or Enlarge the Public Employees' Retirement Fund (PERF) 2026-08-17

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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 Georgetown?

Indiana Public Retirement System was awarded this financial services contract by Town of Georgetown, as recorded on August 17, 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 Town of Georgetown Resolution Electing to Join or Enlarge the Public Employees' Retirement Fund (PERF) 2026-08-17 (Resolution), dated August 17, 2026 from Town of Georgetown. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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