News and Updates

Les McCollum, Chief Information Security Officer, Leads Team to Ongoing Success

Andrew Whiting Joins Organization as Sales Momentum Continues

The ICMA-RC Public Employee Memorial Scholarship Board of Directors is pleased to announce it has awarded nearly $60,000 in post-secondary educational scholarships to the 38 recipients listed below for the 2020-2021 academic year.

On October 27, 2020, the House Ways and Means Committee Chair Richard Neal (D, MA) and Ranking Member Kevin Brady (R, TX) introduced the “Secure a Strong Retirement Act of 2020,” which has also been called “SECURE 2.0.”

On October 26, 2020, the IRS announced the various adjustments applicable to retirement plan contribution limits for 2021.

The North Texas Tollway Authority Selects ICMA-RC to Oversee More Than $50 Million in Retirement Assets

October has been designated as National Retirement Security Month, expanding on the program that had previously been limited to a single week.

ICMA-RC Adds Two Senior Fund Managers to its Investments Division

ICMA-RC continues to provide participants and plan sponsors with new and innovative tools and resources to help them successfully navigate their retirement journeys.

With almost 50 years of providing exceptional plan administration, investments, and financial guidance, ICMA-RC's new strategic partnership allows us to offer numerous benefits for community-focused employers and employees.

ICMA-RC announced that Dai Shi is joining the company as its new Chief Financial Officer effective today, August 24, 2020.

ICMA-RC Honors Fallen Public Sector Employees by Providing Scholarships to their Families

ICMA-RC announced that it has enhanced its Guided Pathways Services program by expanding its financial planning and consultation services to better meet the needs of more working and retired participants.

New department and consolidation enhance strategic alignment for organization

Corporation will serve as sole vendor for district’s voluntary retirement plans

On June 23, 2020, the Internal Revenue Service (IRS) released Notice 2020-51, which provides guidance on the Coronavirus Aid, Relief, and Economic Security (CARES) Act’s waiver of required minimum distributions (RMD).

On June 19, 2020, the Internal Revenue Service (IRS) released Notice 2020-50, which provides guidance on the Coronavirus Aid, Relief, and Economic Security (CARES) Act’s retirement plan distribution and loan relief provisions.

ICMA-RC is pleased to announce it will continue its nearly 40-year relationship with the City of Corpus Christi.

On June 3, 2020, the Internal Revenue Service (IRS) released Notice 2020-42 which provides 2020 relief for what is known as the “physical presence” requirement for spousal consent.

ICMA-RC, and one of its clients, have been recognized by three prestigious organizations for initiatives to help public sector employees build retirement security.

Recently issued final rules from DOL outlines rules for electronic delivery of plan-related communications and actions participants can take.

ICMA-RC, along with a network of associations, including the International City/County Management Association (ICMA), National League of Cities (NLC), Government Finance Officers Association (GFOA), are urging federal lawmakers to include direct and flexible relief for local and state governments in the next federal assistance package to address the devastating impact of the COVID-19 pandemic.

ICMA-RC is pleased to sponsor the Government Finance Officers Association (GFOA) Annual Conference for the 15th consecutive year. Starting this week, the event takes place virtually for the first time this year, with concurrent sessions through June 26, 2020.

Further Team Expansion is Expected in the Coming Months

Orlando Cruz is joining ICMA-RC as its Chief Revenue and Sales Officer starting Monday, April 27. The position is an expanded role which now entails responsibility for the broad range of retirement savings, financial planning, and advisory programs (including 457, education, healthcare, and not-for-profit plans, and investment-only) which deliver on the organization’s mission. The position has overall responsibility for all client facing sales teams across the corporation and includes approximately 250 teammates.