Are you sure that your institution is maximizing the potential of plans and strategic tools for attracting, retaining and rewarding high level employees? Do you and your staff understand the relevant contribution limits and constraints of these types of plans?
The Economic Growth and Tax Relief Reconciliation Act (EGTRRA) included provisions expanding the retirement savings opportunities that colleges, universities and other non-profit organizations can offer to their employees. As a result, many institutions reexamined their deferred compensation arrangements for top executives, taking a fresh look at Section 457(b) plans, Section 457(F) plans, and other options. Additionally, Congressional proposals are presently under discussion that may introduce new considerations for these plans.
Intended primarily for human resources and benefits professionals, this web conference, was presented by Diane Oakley, Vice President, Government Relations, TIAA-CREF and was moderated by Ray Schmierer, Assistant Director of Education, TIAA-CREF Institute.
This web conference addressed how the options and requirements related to compensation for executives of non-profits have changed, what new possibilities are on the horizon, and what deferred compensation strategies could work at your institution.
This session was submitted for one (1) credit hour toward PHR and SPHR recertification through the Human Resources Certification Institute (HRCI).
The supporting slides used during this presentation are available for your review.
