HR Cougar Corner
|As we have previously communicated, changes are coming to the SURS Self-Managed Plan (soon to be called the SURS Retirement Savings Plan) as of September 1. If you are SMP member and would like additional information about the changes, please here to view a video. The video also contains information on the new 457 plan that will be available through SURS. At the August 6 Board meeting, Highland’s Board of Trustees approved the Resolution/Agreement to adopt the plan. According to SURS, due to the time it takes to setup and test the payroll systems, the 457 plan will not begin accepting contributions until the first payroll period in November 2020.|
Lastly, Ameriprise (a/k/a RiverSource Investments, LLC) was recently added to the list of approved vendors for Highland’s voluntary and employer match 403(b) plans. If you have questions about the 403(b) plans, please contact Christie Lewis.