State Government &
Pensions Bureaus

Retirement Insight Consultants (RIC) provides the following services for State Governments and Pension Bureaus:

• Pension Plan Design and Review: Providing expertise in designing and reviewing pension plans to ensure they meet regulatory requirements and are tailored to the needs of the state government employees.

• Portfolio Review and Advisory Services: Offering guidance on portfolio management to optimize pension fund returns and optimization for the states

• Compliance and Regulatory Support: Assisting governments in staying compliant with evolving pension regulations and providing ongoing support with reporting and relationship management

• Employee Education and Communication: Developing educational materials and conducting workshops to help government employees to understand their pension benefits, retirement planning options, and financial literacy.

• Governance and Policy Development: Assisting governments in establishing robust governance frameworks and policies for pension scheme management, including fiduciary responsibilities and decision-making processes.

• Adoption of CPS: Supporting governments in evaluating and executing pension schemes (cps/cubs) to achieve cost efficiencies and improve sustainability.

• Transition and Refunds Advisory: Providing guidance to States seeking to amend their states Pension laws and extend their transition dates. The service also includes reconciliation of employer/employees contributions and refunds to those exempted /or deceased.