Enhancement to Your Retirement
ERS (Employee Retirement Services) gave us a look ahead at what GWCCA Full Time Employee’s retirement income may look like based on our ERS membership and PSR participation and other factors. Please see below:
Aon Hewitt Financial Advisors, LLC (AFA) offers retirement planning services to participants in Peach State Reserves (PSR). As an enhancement to this service, we are excited to announce that the Employees’ Retirement System (ERS) pension plan will now be integrated into your retirement income forecast. With this enhancement, the Online Advice tool and the Professional Management program will automatically include an estimate of your ERS pension benefit, if applicable.
What does this mean?
AFA will provide you with a more comprehensive retirement income forecast so they can better help you reach your retirement goals. In addition to seeing your PSR 401(k) and 457 plans, you will now see an ERS pension estimate, if applicable, as well as your Social Security estimate, all in one place.
What can I expect?
- Your retirement income forecast may increase.
- For Online Advice users, AFA may suggest different investment recommendations in your account to maintain a well-diversified and risk-appropriate portfolio
If you have any other questions or concerns, please don’t hesitate to contact the HR Department at 404-223-4400.