Minneapolis file 2026-00587, before the Minneapolis City Council. Passed as of 2026-06-23.
Latest action: Published
City employees may see changes to benefits planning. Deloitte will study how the city's health insurance, pensions, and retirement plans work and suggest improvements or changes over the next three to five years.
City budgets for long-term costs of employee health and pensions. Deloitte's report will help the city understand and plan for future spending on worker benefits, which is often a big part of the budget.
Recommendations may lead to benefit cuts or higher worker costs. Consulting firms often suggest ways to reduce a city's benefit spending, which could mean lower pay-outs, higher premiums, or stricter eligibility for city employees.
Authorizing a contract with Deloitte ConsultingLLP,in an initialamountnotto exceed $742,500, for three (3)yearsfrom July 1, 2026, through June 30, 2029, with theoptionto extend for twoadditional one-year terms that would not exceed $262,500 in year four and $270,000 in year five, for a total not to exceed amount of $1,275,000,toprovide benefits consulting and actuarial services.
Read the official record for 2026-00587
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