SomervilleMeetings

25-0334 Mayor's Request Approved

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.

From
Human Resources
Introduced
Feb 21, 2025
Assigned to
City Council
Enactment #
218538
View on Legistar

History

  1. Mar 20, 2025
    City Council Mayoral Approval
  2. Mar 13, 2025
    City Council Approved · roll call: pass Meeting agenda, item 6.B.14.
  3. Mar 11, 2025
    Finance Committee Recommended to be approved · roll call: pass Meeting agenda, item 15.
  4. Feb 27, 2025
    City Council Referred for recommendation Meeting agenda, item 7.5.

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