City of Somerville header
File #: 25-0334    Version: 1
Type: Mayor's Request Status: Approved, Awaiting Mayoral Review
File created: 2/21/2025 In control: City Council
On agenda: 2/27/2025 Final action: 3/13/2025
Enactment date: 3/13/2025 Enactment #: 218538
Title: Requesting approval of a contract extension for two years until 2/28/2026 for TSA Consulting Group, Inc., for the administration of 457(b) plans.
Code sections: Contract -
Attachments: 1. Contract 210327 TSA Consulting Group, Inc.

Agenda Summary

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Requesting approval of a contract extension for two years until 2/28/2026 for TSA Consulting Group, Inc., for the administration of 457(b) plans.

 

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Official Text

To the Honorable City Council:

 

The Mayor respectfully requests that this Council approve an extension to the contract with TSA Consulting Group, Inc. for 457(b) plan administration.  The contract has an option to renew for an additional two years at the discretion of the City.  The Human Resources Department requests to extend the contract for two years through February 28, 2026.  A copy of the contract is attached to this request.

 

Appropriate staff will be available to answer any questions you may have. Thank you for your consideration of this item.

 

Respectfully submitted,

Katjana Ballantyne, Mayor