Why is the retirement offering changing?

The YMCA Retirement Fund has been serving the Y Movement for 100 years, providing safe and reliable income for plan participants throughout retirement. The Fund prides itself on its service to the Y Movement and delivering financial security and peace of mind as a trusted partner and premier provider of retirement benefits.

But the world is changing. People are living longer, meaning the Fund pays out considerably more income to retirees over the long term. In addition, interest rates are at historic lows and the financial markets are confronting unprecedented challenges, which makes it more challenging for the Fund to achieve its target returns.

Adjusting the retirement offering ensures the Fund can continue to provide one of the best lifetime incomes available today — and that it is here to provide for future generations.

Watch the video below to find out more.

Please note that the Annuity Estimate calculator
will not reflect the retirement offering adjustment until July 1, 2021.

 

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