Voya Financial, Inc. Extends its Service Relationship with State of Oregon Retirement Plan
January 09, 2018 at 10:00 am EST
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Voya Financial, Inc. announced that its Retirement business has been retained as the service provider for the State of Oregon Savings Growth Plan (OSGP). Voya’s relationship with the State of Oregon began more than 20 years ago and was extended pursuant to a three-year agreement, with an option for eight additional years, effective January 2018. The plan is a 457 plan available to state employees, plus employees of participating Oregon public employers. As part of its commitment to advancing the retirement readiness of all Americans, Voya will continue to provide state and public employees with localized support and access to tools and resources. These include Voya’s myOrangeMoney® educational retirement income planning capabilities and participant website experiences, as well as communication and education programs designed to engage and motivate employees to save. Participants will also have access to in-plan investment advice, delivered through Voya Retirement Advisors.
Voya Financial, Inc. is a provider of workplace benefits and savings solutions and technologies. Wealth Solutions segment provides retirement plan solutions and administration technology and services to employers. Its products and services include full-service and recordkeeping-only defined contribution plan administration; stable value and fixed general account investment products; and services to promote the financial well-being and retirement security of employees. Health Solutions segment provides worksite employee benefits, Health Account Solutions, leave management, financial wellness and decision support products and services to mid-size and large corporate employers and professional associations. Investment Management segment serves both individual and institutional customers, offering them domestic and international fixed income, equity, multi-asset and alternative investment products and solutions across a range of geographies, investment styles and capitalization spectrums.