Le Lézard
Classified in: Business
Subjects: SVY, SCZ

Pentegra Releases New Study on Bank Retirement and Executive Benefit Plan Trends


WHITE PLAINS, N.Y., June 11, 2019 /PRNewswire/ -- Today, Pentegra, a leading provider of retirement planning and fiduciary outsourcing solutions, released a new report -- based on the results of a survey of bank employees regarding retirement and executive benefit plan trends.  Pentegra has many financial institutions as clients.

The Pentegra study shows how benefits are a game changer for today's banks in attracting and retaining top talent. For employers competing for job candidates, a comprehensive benefits program that includes executive benefit programs may tip the scales for a candidate who is considering multiple job offers. The study shows that a bank's total rewards package is also a key competitive resource for employee retention.

According to Richard Rausser, Senior Vice President Client Services, Pentegra, "Designing an effective retirement program begins with a review of a company's management philosophy, compensation strategy, the different types of plans available, an analysis of what peers are offering, and considerations such as demographics and the maturity of an organization. While objective considerations?such as how much an employee will need to retire comfortably?are important in designing a retirement program, the Pentegra survey shows that peer considerations are a driving force in determining the type of retirement program that a bank offers."

Highlights of the report include:

About Pentegra

Pentegra is a leading provider of retirement planning and fiduciary outsourcing solutions to organizations nationwide. Founded by the Federal Home Loan Bank System in 1943, Pentegra offers a broad array of qualified and non-qualified retirement plan solutions, TPA services and benefits financing solutions using BOLI. In addition, Pentegra, through Pentegra Investors, Inc., also serves the needs of institutional investors, offering investment outsourcing capabilities. For more information, go to www.pentegra.com.

Media Contact:  Rodi Rosensweig, TheRodiCompany@gmail.com; 203/270-8929

SOURCE Pentegra


These press releases may also interest you

at 19:20
Jason Industries, Inc. ("Jason" or the "Company") today announced that it has entered into a restructuring support agreement (the "Agreement") with certain of its senior secured lenders. The Agreement outlines a comprehensive restructuring plan that...

at 18:55
The Board of Directors of PNM, a subsidiary of PNM Resources , declared the regular quarterly dividend of $1.145 per share on the 4.58 percent series of cumulative preferred stock. The preferred stock dividend is payable July 15, 2020 to shareholders...

at 18:35
EarthRenew Inc. ("EarthRenew" or the "Company") has granted a total of 3,500,000 stock options to certain officers, directors, employees and consultants of the Company pursuant to the Company's stock option plan. The stock options vest immediately...

at 18:10
Solar Alliance Energy Inc. (?Solar Alliance' or the ?Company') announces that it has settled and extinguished $111,436.50 of the Company's outstanding debt (the "Debt") through the issuance of common shares of the Company ("Common Shares"). In...

at 18:05
Euro Tech Holdings Company Limited today reported financial results for the 12-month period ended December 31, 2019 ("Fiscal 2019"). The Company's revenues for Fiscal 2019 were approximately US$17,399,000, an approximate 13.5% decrease compared to...

at 18:00
EastGroup Properties, Inc.  announced today that Marshall Loeb, President and CEO, will present at the Stifel 2020 Cross Sector Insight Conference on Monday, June 8, 2020 at 2:00 p.m. EDT. The presentation will be broadcast live and is accessible at...



News published on 11 june 2019 at 07:52 and distributed by: