Employer Update

The Hybrid Plan Learning Channel should be your first stop when introducing the Hybrid Retirement Plan to new employees or providing a refresher to seasoned staff. Members can learn all about their plan by watching several short videos: 

• Driving Your Hybrid Plan explains how the defined benefit and defined contribution components of the plan work together.
• Exploring Your Hybrid Plan takes a closer look at mandatory and voluntary contributions and how members can take full advantage of the employer match.
• Savings Toolkit shows members which VRS tools to use to maximize their savings and track their progress on saving for their future.
• Things to Know Before You Go explains the different retirement benefit payout options.
• Retiring Minds Want to Know explores the financial and mental impacts of retirement.
• Retirement Ready helps members determine when they will be eligible to receive retirement benefits from the two components of their plan.
• Your Retirement, Your Choice covers the different ways members can receive their funds at retirement.

The channel also includes the overview video Starting Your Hybrid Plan Adventure , an ideal resource to include in your onboarding presentations for new hires. The learning channel videos also can aid in your efforts to encourage members to increase their voluntary contributions.