RFP for Section 115 Trust Management Services
Agency: | California Society of Municipal Finance Officers |
---|---|
Level of Government: | State & Local |
Category: |
|
Opps ID: | NBD15084129311211175 |
Posted Date: | Feb 7, 2023 |
Due Date: | Feb 16, 2023 |
Source: | https://www.csmfo.org/rfp/rfp-... |
Agency: City of Monterey
Contact: Rafaela King (
king@monterey.org
)
Phone: 8316463724
Deadline: 02/16/2023
More:
RFP Detail Online
The City is soliciting proposals from qualified firms to establish, manage, and service an Internal Revenue Service (IRS) Code Section 115 Retirement Trust on behalf of the City, for the benefit of eligible current and former employees. Trust assets are intended to be used for funding the City’s unfunded long-term pension liabilities, Other Post Employment Benefit (OPEB) obligations and potentially other eligible expenses.
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