Kate Informed
Kate Objective

The opinions and views reflected in the articles posted do not necessarily reflect the views of Hager Strategic. Links to these news features are not part of www.hagerstrategic.com . The owners of these external sites own the intellectual property rights to the material on the linked sites. While Hager Strategic cannot certify the accuracy of the material published on the linked site, we make every effort to post links only to websites and news sources we find reliable and trustworthy.

NEWS - Washington State DRS selects Empower Retirement as Record Keeper for Plan 3

December 22, 2014 – Tumwater, WA – Customers of Washington state’s Plan 3 retirement systems and Deferred Compensation Program (DCP) will be served by a single record keeper starting in October of next year, the state Department of Retirement Systems announced today.

Empower Retirement, recently rebranded from Great-West Financial retirement services, will provide record keeping services for Plan 3 customers effective Oct. 1, 2015. Under provisions of a contract approved today, Empower will also continue to serve as the record keeper for DCP, a service it has provided to DRS customers since 2010.

“At DRS, we’ve been focused on ensuring everything we do is directed toward providing 100 percent customer satisfaction through high quality, cost effective products and services,” said DRS Director Marcie Frost. “With Empower as our partner, we believe this unified approach to record keeping services will strengthen our customers’ ability to prepare for a successful retirement.”

By combining record keeping services under a single provider, Frost said, customers will have the benefit of “one-stop” access to their member account and comprehensive retirement planning information, both online and on the phone.

Click on the external link below to review the entire article:

http://www.drs.wa.gov/announcements/drs-selects-empower-retirement-as-record-keeper-for-plan-3-and-dcp-customers