Prudential Retirement, a business unit of Prudential Financial, Inc., announced that the North Carolina Retirement Systems, a government retirement plan for public employees in North Carolina, has chosen to stay with Prudential as recordkeeper for another five-year term for its NC 457 and NC 401(k) plans. Prudential Retirement became recordkeeper for the plans in 2003.
The current contract will expire in December 2015, with the new contract becoming effective in January 2016. Mercer Investments will continue to serve as the advisor to the plans. Participants in the plans will continue to have access to Prudential's recordkeeping and communications services along with its asset allocation tools.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
