SURS has been chosen as a recipient of a 2021 Leadership Recognition Award by the National Association of Government Defined Contribution Administrators, Inc (NAGDCA) for the redesign of our Retirement Savings Plan (RSP).
Earlier this year SURS received an Eddy Award for excellence in communications from Pensions & Investments newspaper, and was chosen as a finalist for the Plan Sponsor of the Year Award from PlanSponsor magazine, both for the RSP redesign.
The NAGDCA Awards recognize the brightest ideas and most innovative solutions from across the public sector defined contribution industry. The 2021 NAGDCA Awards Committee chose the top entries in each of five categories to receive an award. The Leadership Award SURS received recognizes public-sector defined contribution plans for outstanding achievements in the category of Plan Design and Administration.
Other categories included: COVID-19 Response, National Retirement Security Month, Participant Education & Communication and Technology & Interactive Media.
“I’m so pleased that our hard work on the RSP continues to be recognized,” said SURS Interim Executive Director and Chief Benefits Officer Suzanne Mayer. “Kudos to our staff and our partners at AllianceBernstein, CapTrust and Voya. Together we created a defined contribution plan that provides members lower fees, improved plan offerings, and a path to a more comfortable and secure retirement.”
In addition to the RSP redesign, SURS launched an all-new Deferred Compensation Plan (DCP) to assist members in saving additional money for retirement. The DCP offers the same best-in-class investment lineup as the RSP.
SURS will be recognized at NAGDCA’s annual conference in September.