"We appreciate the fact that RESA will make significant strides in bringing additional security to future retirees. In keeping with this goal, IRIC offers the following [recommendations:] ... [1] Additional knowledge on their own retirement readiness through 'income' projections on participant statements.... [2] The ability to protect the benefits of an investment in a guaranteed income product in the event their plan sponsor decides to no longer offer the guaranteed product.... [3] The security and comfort associated with an approved methodology to ensure appropriate fiduciary review of the insurer offering the guarantee."

MORE >>