Effective April 2021, Penn’s retirement savings plans will undergo a major change.
As part of a total compensation package, Penn offers retirement savings plans to eligible faculty and staff. Effective April 2021, the University’s retirement savings plans will undergo a major change.
“We are excited to bring these retirement program enhancements to the University community,” says Jack Heuer, vice president of the Division of Human Resources (HR).
The change was announced in January in a mailing to participating faculty and staff. They each received a detailed transition guide, which is also available online.
Over the past several years, the technology platforms used by 403(b) retirement plan providers have improved so that plans like Penn’s no longer need to have multiple vendors in order to make multiple fund families available to plan participants, according to Sue Sproat, HR’s executive director of benefits.
TUCSON (KVOA) - The University of Arizona is one of the best places to work in the United States, according to Forbes.
UArizona was included on the 2021 edition of the magazine s annual list of America s Best Large Employers, placing No. 16 out of 500 employers and No. 4 in the education subcategory. Among employers with headquarters in Arizona, the university was ranked No. 1. Inclusion on this list is not only an incredible accolade but also confirmation of our commitment to creating an environment that attracts the best candidates for positions across the university, said University of Arizona President Robert C. Robbins. Once they re here, we go to great lengths to keep them by providing development opportunities, amazing benefits and resources that help them reach their professional and personal goals.
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January 26, 2021
Provost Michael Kotlikoff, Vice Provost for Academic Affairs and Chair of the Presidential Advisors on Diversity and Equity Avery August, Executive Vice President and Chief Financial Officer Joanne DeStefano, Vice President for Student and Campus Life Ryan Lombardi and Vice President and Chief Human Resources Officer Mary Opperman sent the following message Jan. 26:
Last semester, our campus community came together as never before to enable a successful, in-person campus experience. It was also a time of vigorous activity and debate on our campus, with faculty, staff and students investing significant time and effort towards the critical, long-term goal of changing societal structures and systems that inherently privilege some more than others. We are writing to update you on these efforts.