Section 457 Deferred Compensation Plan for Chemung County
Chemung County/City of Elmira
Original Solicitation Links
Contact
Submission Instructions
Description
The County of Chemung, through the Empire State Purchasing Group, is soliciting proposals for a Section 457 deferred compensation plan. The plan aims to provide eligible employees with a convenient way to establish a long-term retirement program and encourage broad-based participation. The plan must comply with New York State regulations and the Model Plan. The solicitation requires proposals for administrative services, financial organization services, and potentially trustee services. Key aspects include marketing and enrollment services, administrative services, recordkeeping systems, and investment fund offerings. Vendors must demonstrate a clear understanding of regulatory compliance, provide competitive fee structures, and offer stable investment options. The contract duration is expected to be up to five years.
Classification Codes
Smart Codes
Specifications
Requirements
- Professional Liability — $1,000,000.00
- General Liability — $1,000,000.00
- Automobile Liability — $1,000,000.00
- Workers' Compensation
- Employers Liability
- Disability Benefits
Documents
| Title | Date Posted |
|---|---|
| Bid Document.pdf | Jun 10, 2026 07:24 PM |
| Exhibit C.docx | Jun 10, 2026 07:24 PM |
| Exhibit D.docx | Jun 10, 2026 07:24 PM |
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