457(b) Island $avings Plan Quarterly Workshop, May 5

Island $avings Plan Workshop for University of Hawaii ERS Eligible Employees
 
Session Description: The Island Savings/State of Hawaiʻi Deferred Compensation Plan is an important State sponsored benefit that allows you to save for retirement on a pre-tax basis to accumulate funds to supplement your State of Hawaii Employees Retirement System (ERS) and Social Security benefits. The plan’s provider will be conducting a webinar on Thursday, May 5, at noon. This workshop will provide a general overview of the features and benefits of the Island $avings Plan, the need to save for retirement, and the investment options available.

To register in advance, click here (pre-registration is highly recommended).  

If you would like to schedule an individual counseling session with a local Certified Retirement Counselor, or have any questions about the plan, please click here. Additional information about the plan can also be found on the plan’s website at: I$P457.

Please note that effective April 1, 2022, Prudential Retirement was acquired by Empower, who is the second largest retirement provider in the country. From a participant standpoint, nothing has changed, the plan’s website, toll free number, local support staff, investment options, all remain the same.  For more details, review the important information associated with the acquisition.

If you are not able to make this session, more webinars are planned in 2022. See schedule below. Registration information will be sent about a month prior to the webinar date.

DateTimeWebinar NameDescription
Wednesday, September 14, 202212:00 – 1:00Exploring The Big Picture of Retirement IncomeTo plan for your financial future, you should know where your monthly retirement income will come from, and approximately how much you could receive from each source. This workshop discusses your overall retirement income, which includes your ERS Pension and Social Security,  and can be enhanced when you participate in the Island $avings Plan.
Thursday, December 1, 202212:00 – 1:00Plan OverviewThis Workshop provides a general overview of the features and benefits of the Island $avings Plan, the need to save for retirement, and the investment options available.

For questions regarding Island Savings Plan, please contact your departmental HR Representative.