Town Weighs OKMRF Defined Contribution Plan

The Town of Washington is considering amending its employee retirement system and entering a Joinder Agreement with the Oklahoma Municipal Retirement Fund to provide a defined contribution plan effective September 1, 2026, with 6% employee and 6% employer contributions. The ordinance would authorize execution of the necessary plan documents.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Effective September 1, 2026, ongoing defined contribution retirement plan

Renewal date

2026-09-01

Renewal

Joinder Agreement establishes an ongoing retirement plan relationship with OKMRF; continuation is implied annually unless amended or terminated by ordinance.

Document type

AgendaPacket

Source document

Town of Washington AgendaPacket Meeting 2026-08-11

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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 Washington?

Oklahoma Municipal Retirement Fund was awarded this financial services contract by Town of Washington, as recorded on August 11, 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 Town of Washington AgendaPacket Meeting 2026-08-11 (AgendaPacket), dated August 11, 2026 from Town of Washington. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Oklahoma Municipal Retirement Fund hold?

Oklahoma Municipal Retirement Fund 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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