Supplemental Plans and Auto Enrollment

Suzanne Mayer
State Universities Retirement System of Illinois
[email protected]

We are doing some very early research on offering a system wide supplemental plan (supplemental plans are currently handled by individual employers) and we are also researching auto enrollment into those plans.

I am interested in hearing from any systems that currently manage the supplemental plan for their employers and am particularly interested if you also auto-enroll members into the plan. I would love to hear some basic information about your plans. Also, does anyone have a model that forecasts the gap between estimated pension percentage and the percentage income members wish to replace in retirement?

Note: NPEA respectfully requests respondents share as much as they can via the blog so everyone can learn from those experiences. If an issue is overly technical, we would greatly appreciate respondents who are willing to be contacted include their contact information within their blog post. Thank you!

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