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PLANSPONSOR BLINESs LOGO March 23rd, 2021
Information & Insights for the 403(b) Community
Public Sector Employees Need a Push to Supplement Pensions
Public Sector Employees Need a Push to Supplement Pensions
Public sector employees do not increase savings in DC plans in response to potentially lowered DB benefits or the inability to participate in Social Security.
Sponsors Should Have a Plan in the Event of a Cyberattack
It could be helpful to hire a third-party specialist to do a risk assessment of the handling of participant data.
Ask the Experts
Review of DOL Missing Participant Guidance
“I am responsible for our company’s Employee Retirement Income Security Act (ERISA) 403(b) retirement plan and understand that the Department of Labor (DOL) recently released guidance on missing participants. Is there anything we should be concerned about as an ERISA 403(b) plan sponsor?”
Recordkeepers Responding to Focus on Emergency Savings
Retirement plan recordkeepers are shifting how they see their role in ensuring financial security for participants, and they’re reacting to plan sponsor demand.
ICMA-RC Announces Name Change
ICMA-RC is becoming MissionSquare Retirement. According to the company, extensive client and industry research identified an opportunity to increase brand recognition while “amplifying the commitment to public sector employees.”
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