Contract with Bartel Associates for $80,000 to calculate retirement benefit costs
$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
7 to 0
Community Discussion
This discussion was submitted to the City Clerk as part of the public record.
Comments are submitted to the Richmond City Clerk before the meeting. By commenting, you agree to have your name and comment included in the public record.
Similar Discussions
5 related items found by meaning
Hire Bartel Associates for actuarial services
Approve $17,538 contract for pension fund actuarial services
Increase contract with Bartel Associates by $20,000 for pension fund calculations
Extend contract for actuarial services analyzing city pension and retiree health plans
Hire Van Iwaarden Associates for pension fund actuarial services
The Story So Far
Related items from other meetings
Hire law firm for general legal advice and lawsuits
Update sidewalk vendor permit rules and enforcement procedures
Hire Bennett Gelini law firm for litigation and liability claims through 2028
Hire consultant to help find new operator for water treatment and storm systems
Approve 3-year contract with Unity Courier for library book delivery service
Increase Pogo Park contract by $3.3 million to complete Harbour-8 Park expansion
Update administrative procedures and enforcement for sidewalk vendors
Approve $299,797 contract to plan relocation of historic SS Red Oak Victory ship
Hire consulting firm to study Port of Richmond's economic impact
Extend LCP Tracker labor compliance software contract by $29,000 through 2027