| | 2015 Plan Sponsors of the Year | | Plan Sponsor of the Year Profile: City of Las Vegas | | As one of the most colorful metropolises in the
nation, the City of Las Vegas decided to promote its first two-day seminar about
retirement savings—the “Investment and Retirement Palooza: Making Dollars and
$en$e”—with equally vibrant print, electronic and video marketing materials
featuring the Rat Pack, Elvis Presley and the Rolling Stones. “We wanted
something fun and creative that would resonate with our employees, whose
average age is 50,” says Dan Rigato, human resource (HR) administrator for the
city.Read more > | | Plan Sponsor of the Year Profile: Missouri LAGERS | | In the past 12 months, the Missouri Local
Government Employees Retirement System (LAGERS) has increased its social media
presence as part of an effort to reach employees “where they come from,” says Executive
Director Keith Hughes. The plan has branched into Facebook, Twitter and
YouTube, but one endeavor has become especially popular: a weekly blog, LAGERS
Bloggers, launched last July. The articles, written primarily by staff, address
new and interesting developments for the plan, as well as day-to-day questions
members might have.Read more > | | | Ask the Experts | | What Retirement Plans Are Allowed for Rural Cooperatives? | | “I am an adviser who primarily works with 403(b)
plans. A potential client has surfaced that is like nothing I have ever seen
before. It is a private ‘non-profit utility,’ if you will; it provides electric
service in my county in an area which presumably would not be profitable for a
traditional utility to service since it is thinly populated. Have you ever
heard of such an organization, and do you know what type of retirement plan it
can sponsor? The entity sponsors a 401(k) currently but does not know if it is
the best type of plan for them.”Read more > | | | Products, Deals & People | | State Street Corporation announced that Scott
Powers, president and CEO of State Street Global Advisors (SSgA), intends to
retire later this year after more than seven years leading the firm and three
decades in the investment management industry. Ronald O’Hanley will succeed
Powers at the beginning of April, the firm says.Read more > |
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