Contract with Bartel Associates for $80,000 to calculate retirement benefit costs

City Worker BenefitsContracts

$80,000

In Plain English

The city needs professional analysis to determine how much money it owes current and future retirees for medical benefits and pensions. Bartel Associates will evaluate 3 retirement funds plus post-retirement healthcare obligations. If approved, this $80,000 contract ensures the city accurately budgets for employee benefits it has promised.

Auto-generated summary. Source: official agenda documents.

Votes

Approve consent calendar

Moved by: Councilmember MyrickSeconded by: Councilmember Beckles
Passed

7 to 0

MyrickAye
ButtAye
BoozéAye
BatesAye
McLaughlinAye
BecklesAye
RogersAye