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Senate Interim Study

New / Revised Public Sector Defined Contribution Retirement Systems

Subject Consider implementing a new OK public sector defined contribution retirement system to embed techincal funding mechanisms and lifetime income strategies, ensuring employees work twoard a guaranteed lifetime benefit
Date
Time 10:30am
Location , Room 230

  1. IS-25-20

    New/Revised Public Sector Defined Contribution Retirement Systems

    By: Senator Bullard/Representative Lepak

    1. Opening Comments - Senator Bullard and Representative Lepak

    2. Pathfinder and SoonerSave: History, Structure, Objectives, Performance, Services, and Recommendations - Joe Fox, Executive Director of OPERS & Heather Smith, Government Markets Managing Director, Empower

    3. Best Practices and Goal for Defined Contribution Plans, Recommendations - Zachary Christenson & Roderick Crane, Managing Director and Senior Fellow, Pension Integrity Project/Reason Foundation

    4. Evolution of Defined Contribution Plans from the Typical 401(k) Approach - Caren Lock, Managing Director - Government Relations, TIAA

    5. Discussion and Questions

    6. Closing remarks - Senator Bullard and Representative Lepak

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