Knox County Teachers to receive retirement plan options through USI partnership

April 11, 2025 | Knox County, School Districts, Tennessee

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This article was created by AI using a video recording of the meeting. It summarizes the key points discussed, but for full details and context, please refer to the video of the full meeting. Link to Full Meeting

The Knox County Schools Board of Education held a meeting on April 10, 2025, where significant discussions focused on retirement options for teachers. A proposal was presented to establish a shared platform that would include both value teachers and USI investment options. This initiative aims to provide Knox County teachers with a variety of choices to meet their retirement needs effectively.

USI is set to be named the plan administrator, which is expected to uphold the principles of choice and flexibility for current and future educators. The board expressed enthusiasm about collaborating on a plan that would not only establish a contract but also deliver the necessary investment protections and benefits sought by the board.
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The discussions highlighted the importance of ensuring that all teachers have access to suitable retirement products and companies that align with their individual needs. The board's commitment to this initiative reflects a proactive approach to supporting educators in their financial planning for retirement. Further steps will be taken to finalize the details of the contract and implementation of the proposed retirement options.

Converted from 4/10/25 KCS BOE Regular Meeting meeting on April 11, 2025
Link to Full Meeting

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