Thursday, December 13, 2018
6:30 PM - 7:30 PM (PT)
Berglund Hall Meeting Room 139
Event Type
Meeting
Contact
Tracy King
503-352-2860
Department/Club/Group
Human Resources
Link
https://calendar.pacificu.edu/MasterCalendar/EventDetails.aspx?EventDetailId=26833
Group Sessions are for anyone currently participating in the
retirement plan at Pacific and currently holding a balance with Valic. This is an opportunity to understand and ask
questions about the upcoming changes below.
What’s Changing:
·
TIAA’s administrative fee to the plan will be more
transparent.
·
TIAA will become the single service provider for the
retirement plan in early 2019. All liquid assets at VALIC will be transferred,
or “mapped” to TIAA in early 2019 and illiquid assets will follow as the
contract with VALIC permits.
·
The investment menu at TIAA will undergo changes in
early 2019