Page 53 - CityofArlingtonFY26AdoptedBudget
P. 53
Business Plan
Preserve Financial Stability and Resilience
Build a Sustainable, Talented Workforce
Project Performance Measure(s) Department(s)
City of Arlington • Complete RFP Process and Award Contract Human Resources
Retirement Benefits RFP (401k/457b) • Implementation, Communication, Auditing
Monitoring
Summary: Estimated
On February 27, 2024, City Council approved a Milestone Completion Status
three-year professional services contract with HUB Complete RFP Process and 1 Qtr. FY 2026 Not Started
st
International for benefits and retirement consulting Award Contract
services. Since March 1, 2024, HUB International Implement, Communicate, 3 Qtr. FY 2026 Not Started
rd
has assessed and benchmarked the City’s and Audit
contracts. HUB International has identified gaps in Monitor 4 Qtr. FY 2026 Not Started
th
pricing, funding options, and services within
retirement.
In the 1 Quarter of FY 2026 the Department will go
st
out to Request for Proposals (RFP) for the City’s
Retirement Benefits vendor for the 401k/457b plans.
Should we move vendors, we will be required to
implement, communicate, audit and monitor this
transition.
FY 2026 Proposed Budget and Business Plan 47 City of Arlington, Texas
