West Virginia Retirement Plus to Hold Open House
In recognition of National Retirement Security Week (
The open house will have Retirement Plus representatives available to speak with participants and provide information to those wanting to learn more about the program. West Virginia Retirement Plus is a 457 (b) governmental deferred compensation plan that provides most public employees in
"I encourage state employees to stop by and learn more about Retirement Plus. We will have several experts on-hand to discuss the retirement savings options available to individuals," said State Treasurer
Retirement Plus Executive Director
Empower Retirement, the contracted record keeper of the program, has removed administrative fees from the fixed account. The fixed account offers a lower return than market-sensitive investments, but is tailored for the conservative investor. Mutual fund investments will see a three basis points administrative fee reduction from 25 to 22.
Berry said the program's automation project will gain full steam in early January. Each newly hired state employee will be automatically enrolled in Retirement Plus, unless he or she takes steps to opt out. Berry said that includes state college and university employees.
Retirement Plus is a program administered by West Virginia State Treasurer
For more information on West Virginia Retirement Plus or the open house event, contact the West Virginia State Treasurer's Office at 304.558.5000 or [email protected].
Hoeven Outlines Impacts of Early Blizzard, Agriculture Disaster Assistance Needs in North Dakota to USDA Deputy Secretary
Illinois State Rep. Yingling Hosting Seminar on Health Insurance Information
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News