NotesFAQContact Us
Collection
Advanced
Search Tips
ERIC Number: EJ1000276
Record Type: Journal
Publication Date: 2012-Nov
Pages: 2
Abstractor: ERIC
Reference Count: 0
ISBN: N/A
ISSN: ISSN-0036-651X
Retirement Plan Consortium Structures for K-12
Kevin, John
School Business Affairs, v78 n10 p28, 30 Nov 2012
As school districts continue to seek administrative efficiencies and cost reductions in the wake of severe budget pressures, the resources they devote to creating or expanding retirement plan consortia is increasing. Understanding how to structure a retirement plan consortium is paramount to successfully achieving the many objectives of administrative efficiency, reduced costs, and improved participant options and services. The creation or expansion of such a consortium can raise at least two questions: (1) Are there any legal prohibitions or restrictions?; and (2) Are the activities likely to result in the desired efficiencies, cost reductions, and other improvements? This summary provides an overview of the information necessary to successfully structure a consortium that will aid member school districts in achieving the multiple objectives of administrative efficiency, cost reductions, and improved participant options and services.
Association of School Business Officials International (ASBO). 11401 North Shore Drive, Reston, VA 20190. Tel: 866-682-2729; Fax: 703-478-0205; e-mail: asboreq@asbointl.org; Web site: http://www.asbointl.org
Publication Type: Journal Articles; Reports - Descriptive
Education Level: Elementary Secondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A