Retirement Plans: Should My Institution Move to a Sole Record-Keeper, and How Would We Do It?
Many universities are realizing the need to review their retirement plans in order to further benefit their faculty, staff and retirees. In this session, we’ll explore the shifting landscape for higher education retirement plans and what the risks and savings opportunities are; discuss sole record-keepers (SRKs) and why so many universities are adopting them; and discuss lessons learned from one university who made this change. You’ll walk away with practical action items to explore SRKs at your institution.
Christan Royer, Director of Benefits; Jim Sherman, Retired Faculty Member; John Whelan, Vice President for Human Resources — all of Indiana University