Town Amends Police Pension Plan with MainePERS
Town of PittsfieldCity · Pittsfield, ME- Disclosed value
- $242,787.00 plus monthly payments of $2,031.00 over 14 years and 10 months
- From agendapacket
- Document date
- Aug 4, 2026
- Renews
- Free account
The 30-second brief
Through Resolution 26-64, the Pittsfield Town Council approved an amended retirement agreement with Maine Public Employees Retirement System, adopting Special Plan 2C for union police officers and committing to pay an additional $242,787 in actuarial liability via $2,031 monthly payments over nearly 15 years. The Town Manager is authorized to sign the amended agreement and seek more favorable payment arrangements.
Maine Public Employees Retirement System holds this financial services contract with Town of Pittsfield. Its other public contracts on record include work for Regional School Unit 38 and Town of Skowhegan.
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Contract details
- Contract type
- Financial Services
- Amount
- $242,787.00 plus monthly payments of $2,031.00 over 14 years and 10 months
- Document date
- August 4, 2026
- Term
- 14 years and 10 months beginning September 2026
- Renews
- On record
- Agency
- Town of Pittsfield
- Source document
- Pittsfield Town Council AgendaPacket 2026-08-04 (AgendaPacket)
Maine Public Employees Retirement System's other public contracts
More Town of Pittsfield contracts
Questions about this contract
Who was awarded the financial services contract by Town of Pittsfield?
Maine Public Employees Retirement System was awarded this financial services contract by Town of Pittsfield, as recorded on August 4, 2026. The contract value is $242,787.00 plus monthly payments of $2,031.00 over 14 years and 10 months.
How much is the Maine Public Employees Retirement System contract with Town of Pittsfield worth?
The Maine Public Employees Retirement System contract with Town of Pittsfield is valued at $242,787.00 plus monthly payments of $2,031.00 over 14 years and 10 months, covering financial services work.
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 Pittsfield Town Council AgendaPacket 2026-08-04 (AgendaPacket), dated August 4, 2026 from Town of Pittsfield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Maine Public Employees Retirement System hold?
Maine Public Employees Retirement System 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 Town of Pittsfield currently buying?
Explore Town of Pittsfield's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.