Products November 15, 2011

Temple U. Health System Selects Sole RK for Retirement Plans

November 15, 2011 (PLANSPONSOR.com) - TIAA-CREF announced its selection by the Temple University Health System Inc. (TUHS) as the sole recordkeeper for its defined contribution and deferred compensation retirement plans.
Reported by

Under the new agreement, funds previously managed across several different providers will now be managed by TIAA-CREF. As sole recordkeeper for the plans, including the 403(b) and 401(a) defined contribution and 457(b) deferred compensation plans, TIAA-CREF will provide access to investment choices from outside money managers as well as TIAA-CREF products.  

As part of the partnership agreement, TUHS plan participants will receive the following services:  

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  • An advice platform which provides objective, personalized retirement planning tailored to each individual’s goals at varying life stages; 
  • An interactive customized website where employees can go to receive plan details, account information and schedule appointments with TIAA-CREF advisers; and 
  • New fund options and access to TIAA-CREF retirement planning services.  

 

“After a rigorous process, we selected TIAA-CREF as the new provider based on their ability to offer our employees high-quality, low-cost investment options,” said Paul Csigi, Director, Benefits and Pension Administration for TUHS, in the announcement.

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