Nationwide 457b Deferred Compensation Plan: Virtual Appointments Available Feb. 6-10

Nationwide Mutual Insurance Company logo

Our Nationwide Retirement Specialist, Lynn Robinette, is available for individual virtual consultations on an ongoing basis, but each month, she reserves a week of appointment openings for Albemarle County employees. Appointments are available this February 6-10! Click here to schedule a free consultation.

The Nationwide 457b Deferred Compensation Plan is available to ACPS employees who wish to save additional money toward retirement through pre-tax payroll deductions. Continue reading

Our Lincoln Financial Participant Portal Is Live!

Lincoln Financial Group logo

The Lincoln Participant Portal is the place to go for all information about our new ACPS 403(b) retirement plan! To get started, click the button below for registration. Once you’ve registered, you’ll access your account through the Lincoln Participant Portal.

Not ready to use the portal? Advisors from Lincoln Financial will be on-site and available to answer your questions at various locations across the school division from February 2-10. You can find their on-site schedule or view a recording of our January 23 info session by visiting our Retirement Benefits web page! Continue reading

New ACPS 403(b) Retirement Plan With Lincoln Financial Goes Live on Feb. 1!

Lincoln Financial Group logo

In just two days, you will be able to access the Lincoln account portal to view your investment options under our new 403(b) retirement plan, schedule an individual consultation with a Lincoln representative, and set up/confirm contribution elections into our official ACPS 403(b) plan! Please keep an eye out for more information in the Compass over the next few days.

Lincoln representatives will be on-site at various locations across the school division from February 2-10. In addition to answering general questions, they can help you with: Continue reading

Reminder: 403(b) Retirement Plan Info Session – TODAY @ 4:00!

Retirement planning message: Think about tomorrow today

Monday, January 23, 2023 | 4 to 5:30 p.m. | Zoom

Did you know that VRS retirement benefits will replace only a portion of your pre-retirement income? That’s why a 403(b) plan can be an important part of your personal retirement savings plan. Whether you’re a current 403(b) plan participant or just interested in learning more about this voluntary retirement savings program, please join us on Zoom this afternoon from 4 to 5:30 for a virtual introduction session. Lincoln Financial Group, our new 403(b) plan service provider, will host a presentation, and participants will learn more about: Continue reading

Save the Date: Voluntary Retirement Program Info Session on Jan. 23

Retirement planning message: Think about tomorrow today

Monday, January 23, 2023 | 4 to 5:30 p.m. | Zoom

Did you know that VRS retirement benefits will replace only a portion of your pre-retirement income? That’s why a 403(b) plan can be an important part of your personal retirement savings plan. Whether you’re a current 403(b) plan participant or just interested in learning more about the new ACPS 403(b) plan, please join us for a virtual introduction session on Monday, January 23, from 4 to 5:30 p.m. Set a calendar reminder and join us on Zoom for a presentation hosted by Lincoln and an opportunity to learn more about: Continue reading

Did You Recently Complete a Degree or Additional Credits? You May Be Eligible for a Salary Upgrade!

advanced degree concept

As we begin 2023, some employees may have celebrated the end of 2022 with the conferral of a degree or the completion of additional graduate credits, and in some cases, this could lead to a salary increase! School Board Policy GCLC, Payment for Advanced Degrees, outlines how earning degrees and credits impacts salary for licensed and classified employees. From that policy: Continue reading

Plan Now for a More Comfortable Retirement: Schedule a Virtual Consultation This Week!

Nationwide Mutual Insurance Company logo

The sooner you start planning for retirement, the easier it can be. If you wait, it could take much more per pay period to achieve the same goal. Let’s get started!

Our Nationwide Retirement Specialist, Lynn Robinette, is available for individual virtual consultations on an ongoing basis, but she is providing a focused week for Albemarle County employees this week, January 9-13. Click here to schedule a free consultation.

Continue reading

HR Weekly Update: New Anthem Cards for 2023

Anthem Logo

If you are participating in our medical or dental plans in 2023, you should have received new Anthem enrollment cards in the mail for you and any covered dependents at the end of December. Updated cards were necessary due to service enhancements that we made for 2023. Important note: The new cards have updated ID information, and you will need to present this new information when you visit your health care providers, hospitals, pharmacies, etc. Failure to use the new cards will result in rejected claims, so please be sure to update your providers. If you have not received your new card(s), please email benefits@k12albemarle.org for assistance. Continue reading

HR Weekly Update: Retirement Savings Plan Mailing & New Anthem Cards Headed Your Way

Introduction to Our New 403(b) Retirement Savings Plan Arriving in Homes Soon!

Retirement

As we shared recently in our Dec. 1 Compass post, ACPS is getting its first official 403(b) retirement savings plan. We anticipate that employees will be able to make contributions to the new plan as of the February 17 payroll.

In the next few days, employees will receive a communication via U.S. Mail that will briefly introduce the new plan and the record-keeper for the plan, Lincoln Financial Group. Continue reading