Regardless of where Colorado State University employees are working these days, one thing remains consistent – every day worked is one day closer to retirement. CSU Human Resources staff know the importance of retirement planning and have been working tirelessly on a comprehensive review process that will streamline investment opportunities and increase education on retirement options.
“This is a wonderful opportunity for us to modernize our plan offerings and ensure that we are providing the best retirement options for our employees,” said Teri Suhr, chief total rewards officer for CSU Human Resources.
A shared governance committee was established with members representing faculty, employee councils, and CSU benefits representatives to research all retirement options, investment opportunities and the process. Additionally, Suhr said, a national research firm with extensive experience in human resources retirement plan improvements was hired by CSU to assist the committee.
Robyn Fergus, executive director and CHRO for Human Resources, said the committee was charged with streamlining the defined contributiion plan investment opportunities, examine current investment funds, explore flexibility in investment opportunities, find an easier and less complicated system for employees ,and work on better educating and engaging employees on retirement options.
To educate faculty and non-classified employees on the findings of the committee and to gather feedback, Human Resources will host three informational online sessions.
• Friday, April 10, 10 a.m.-noon, https://bluejeans.com/627852440
• Tuesday, April 14, 2-4 p.m., https://bluejeans.com/877503547
• Thursday, April 23, 10 a.m.-noon, https://bluejeans.com/806770803
There will be a recorded session posted to the Human Resources website for those who are unable to attend a live session.