City Council

A. Selection of Third -Party Administrator to Provide Deferred Compensation Program Services A competitive bid process was conducted to find a Third -Party Administrator ( TPA) for defined contribution plan recordkeeping and administration services. The City received five (5) qualified companies' that submitted proposals. Through an analysis of the proposals, a firm has been selected for recommendation to the City Council. Recommendation: That the City Council discuss and authorize the City Manager to enter into a five ( 5) year agreement with Voya for retirement plan services. 6 Special & Regular Joint Meeting Agenda