RetireReadyTN wins three awards for educational programs
RetireReadyTN has received three awards for its readiness education programs that benefit Tennessee public employees and teachers. The program receive the Pensions and Investments 2022 Excellence and Innovation Award, Plan Sponsor Magazine 2023 Public Defined Contribution Plan Sponsor of the Year; and National Association of Government Defined Contribution Administrators’ 2023 Leadership Award for Participant Education and Communication. All three organizations recognized RetireReadyTN for implementing a strategic plan in partnership with its recordkeeper, Empower Retirement, to increase the number of public employees and teachers meeting one-on-one with a RetireReadyTN Plan Advisor and conducting comprehensive retirement readiness reviews. RetireReadyTN targeted communications to public employees and teachers who could be at risk of not meeting their financial needs in retirement, including those who may not be saving enough to replace income when they retire, or who are invested too conservatively or too aggressively based on the number of years until retirement.