The Glynn County Commission held a Special Called Work Session on October 6, 2025, focusing on retirement investment strategies for county employees. The meeting primarily addressed the implementation of a new investment product designed to enhance retirement income security for participants.

The session began with a presentation explaining how the proposed investment strategy operates. It was likened to a train journey, where every three to five years, the investment portfolio adjusts by reducing equity exposure and increasing bond holdings as participants approach retirement. This gradual shift aims to mitigate risk while still allowing for growth during the earlier stages of an employee's career.

A key feature of the investment product is its ability to lock in high market values for income purposes, ensuring that participants can secure a stable income even if market values fluctuate. The presenter emphasized that this product is tailored for individuals prioritizing income from their investments, allowing them to receive monthly payments based on the highest locked-in value achieved during their investment period.

Participants have the flexibility to decide when to activate their income, with no penalties for opting out. The product is designed to be liquid and portable, meaning employees can take their investments with them if they change jobs. Additionally, the presentation addressed concerns about potential market downturns, assuring participants that if their market value were to drop to zero, their income would adjust accordingly but still provide a baseline level of support.

The meeting concluded with a discussion on the importance of providing employees with tools that promote financial independence in retirement. The commission expressed its commitment to enhancing employee benefits in a competitive job market, aiming to ensure that county employees can retire with dignity and security.

Overall, the session highlighted the county's proactive approach to retirement planning, focusing on innovative solutions that prioritize the financial well-being of its workforce. Further discussions and decisions regarding the implementation of this investment product are expected in upcoming meetings.