Seal of the  State of Connecticut, Office of the State Comptroller

STATE OF CONNECTICUT

NANCY WYMAN
COMPTROLLER

OFFICE OF THE STATE COMPTROLLER
55 ELM STREET
HARTFORD, CONNECTICUT 06106-1775

MARK OJAKIAN
DEPUTY COMPTROLLER

WYMAN AWARDED FOR IMPROVING RETIREMENT-SAVINGS PLANS
Administrative Contact: Thomas Woodruff Media Contact: Steve Jensen
860-702-3481 860-702-3308
Thomas.Woodruff@po.state.ct.us Steven.Jensen@po.state.ct.us

State Comptroller Nancy Wyman's improvements to the state's retirement-savings plans have been awarded for excellence by The National Association of Government Defined Contribution Administrators (NAGDCA).

The award stems from creation of a "Total Account Management" program that allows the plans' 44,000 participants to manage their retirement accounts on an ongoing basis. The retirement plans - Deferred Compensation, 403(b) and the Alternate Retirement Plan - are administered by the Comptroller's Retirement and Benefits Services Division and have a combined value of about $2.4 billion.

"I am proud that this program has made a real difference for participants and has elevated our savings plans to the cutting-edge of available investment products and services," Wyman said.

In announcing the award, NAGDCA said: "By taking advantage of all the educational opportunities included within this program, participants are more actively managing their accounts and have the potential to be better prepared for their financial future."

The account-management program includes:

The State Comptroller appreciates input on this and other issues from residents of the state. Please feel free to contact her office by phone - (860) 702-3300; mail - OSC, 55 Elm Street, Hartford, CT 06106; or, via E-mail - osc.opinions@po.state.ct.us

Learn more about the Connecticut Comptroller's Office by calling up our Internet Home Page, at the link below.

For Immediate Release
September 13, 2006

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