The Defined Contribution Plans Trustee Board (the Board) oversee the investments of the City’s defined contribution plans (the Plans). The Plans include the SPSP, SPSP-H, 401(a) and 401(k). The Board meets quarterly, at minimum, to monitor fund performance. The Board also oversees the external investment consultant and third party administrator. With guidance from the Plan’s Investment Policy and recommendations from the investment consultant the Board may add, change or replace a fund.
If you are an active 401(k) Plan participant, you are eligible to cast your vote for the next Plan Trustee on the Defined Contribution Plans Trustee Board. The election will be held from December 1, 2022 through December 7, 2022.
Here are the two candidates running for the Defined Contribution Plans Trustee Board for the 2022-2025 term: