Vol. XVI, Issue 25
June 28, 2017
Reminder: Adoption Agreement Due Friday
Pre-82 adoption agreements are due this Friday, June 30. It is important to submit these agreements on time to ensure fall actuarial reports reflect the final 2018 past service rates. Please complete and submit the following document:
- Adoption Agreement Supplement One—CRSP (Pre-82 Plan), indicating the Past Service Rate (PSR) and Contingent Annuitant Percentage for 2018 that were approved at annual conference, even if they have not changed from the 2017 rates
Please contact your plan sponsor manager with questions about conference adoption agreements.
Wespath to Launch Two New Institutional Fixed Income Funds
Wespath Benefits and Investments (Wespath) will launch two new fixed income funds for institutional investors: the Social Values Choice Bond Fund (SVCBF) and the U.S. Treasury Inflation Protection Fund (USTPF). The funds will become available to institutional investors on July 1.
SVCBF adheres to investment guidelines addressing concerns expressed in petitions approved by a threshold number of annual conferences dealing with:
- Companies that derive a significant amount of revenue from the production of fossil fuels
- Specific companies that are the subject of annual conference resolutions concerning peace in the Middle East
USTPF seeks to compensate investors for the effects of rising inflation.
More information on the new funds is available here.
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