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Allen County approves retirement investment changes to lower plan costs for employees
Summary
The Board of Commissioners approved an investment lineup change with Lincoln Financial Group that removes revenue sharing and moves several funds to lower-cost share classes, county HR said, aiming to reduce costs for plan participants.
Allen County commissioners on May 16 approved an investment change request with Lincoln Financial Group that county human resources said will remove fund revenue sharing and move multiple funds to lower-cost share classes to reduce costs for plan participants.
Gary David, benefit manager in the Allen County Human Resources Department, told commissioners the…
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