Commitment to Action

Financial Security in Retirement: Focus on Employers

Commitment by

North Carolina Department of State Treasurer

In 2015, the North Carolina Department of the State Treasurer (NC DST) committed to developing and implementing a retirement readiness strategy that seeks to educate, engage and empower state employers to help their employees to plan for retirement. The NC DST will provide education, tools, and resources to employers, hold a series of one-day summits to gather employers and foster knowledge sharing and networking, as well as empower employers to better understand the needs of their employees and take action when assisting their employees to plan for this major life event. The NC DST aims to help all public employees get on track to be retirement ready, which is defined by being able to replace 80 percent or more of their pre-retirement income at the age of 62.

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Overview
Summary

Commitment

Financial Security in Retirement: Focus on Employers

Launched

2015

Est. Duration

3 years

Estimated Total Value

$75,000

Region

Northern America

Countries

United States

Commitment by

North Carolina Department of State Treasurer

Partner(s) of the Commitment Maker(s)

TIAA, Prudential Financial, Inc.