The West Virginia Higher Education Policy Commission (the Commission) has recently voted to approve important plan management changes that will benefit all participants of the Qualified 401(a) Plan, and the 403(b) and 457(b) Supplemental Plans. There is no action required from WVU employees at this time.
Starting in mid-September 2019, the Commission will introduce:
- New investment options
- Lower retirement plan servicing fees
- New TIAA accounts
- A single plan administrator/recordkeeper - TIAA