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File #: 2022-0893    Version: 1
Type: Resolution Status: Passed Finally
File created: 10/28/2022 In control: Committee on Innovation, Performance and Asset Management
On agenda: 11/1/2022 Final action: 11/14/2022
Enactment date: 11/14/2022 Enactment #: 649
Effective date: 11/15/2022    
Title: Resolution authorizing the Mayor and the Director of the Department of Innovation & Performance to enter into an agreement or agreements and amendments thereto with Foster & Foster Consulting Actuaries, Inc., for a municipal pension contribution data system at a sum not to exceed Two Hundred Fifty Thousand and 0/100 Dollars ($250,000.00).
Indexes: AGREEMENTS
Attachments: 1. 2022-0893 Cover Letter Foster and Foster legislation letter 10-24-22 - signed, 2. Summary 2022-0893

title

Resolution authorizing the Mayor and the Director of the Department of Innovation & Performance to enter into an agreement or agreements and amendments thereto with Foster & Foster Consulting Actuaries, Inc., for a municipal pension contribution data system at a sum not to exceed Two Hundred Fifty Thousand and 0/100 Dollars ($250,000.00).

 

body

Be it resolved by the Council of the City of Pittsburgh as follows:

 

Section 1.                     Authorizing the Mayor and the Director of the Department of Innovation & Performance, on behalf of the City of Pittsburgh, to enter into an agreement or agreements and amendments thereto with Foster & Foster Consulting Actuaries, Inc. for a municipal pension contribution data system at a sum not to exceed Two Hundred Fifty Thousand and 0/100 Dollars ($250,000.00). The City is replacing the current custom built Pension contribution application that supports approximately 3,500 + City and PWSA employees. The new system will act as a replacement of the current customized Pension contribution application and shall support biweekly pension contributions for approximately 3,500 + City and PWSA employees, pension contribution calculations, pension contribution record retention, pension projections and all monthly pension check data required for processing correct monthly pension checks.  .

 

 

Section 2.   Funds for said agreement shall be paid from the following account:

 

2022

 

11101.103000.53.53509.2022                      $250,000

 

Section 3.    Said Agreement or Agreements shall be in a form approved by the City Solicitor.