Congregations and other UU groups participating in the UUA Retirement Plan are invited to submit comments by June 12 on proposed changes to the plan. After that date the UUA Retirement Plan Committee will revise the plan. When it is approved by the UUA Board of Trustees all participating employers must adopt it by December 31 in order to remain in the plan.
Work on the revisions has been underway for about a year, including attorneys, consultants, and UUA staff. A mailing to congregations, describing the proposed changes, went out in mid-May. The mailing can also be found on UUA.org.
Changes to the plan include allowing new employees to immediately contribute to the plan rather than waiting a year and changes in the amount employers contribute. All of the changes can be found on the UUA’s website.
To receive periodic updates on the proposed changes and the implementation of the revised plan send an email with your name and role in the congregation to firstname.lastname@example.org.