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Board approves transition of retirement recordkeeping from Lincoln Financial to TIAA, 6–0
Summary
The Rockdale County Board of Education voted 6–0 to approve moving retirement plan recordkeeping from Lincoln Financial Group to Teachers Insurance and Annuity Association (TIAA), contingent on final contract approval by the superintendent and general counsel.
The Rockdale County Board of Education voted 6–0 to approve transitioning retirement plan recordkeeping from Lincoln Financial Group to Teachers Insurance and Annuity Association (TIAA), contingent on contract review and approval by the superintendent and general counsel.
The motion to authorize the transition was made by Justin Kenny and seconded by Larry Cox; after brief procedural handling the chair called the question and the board approved the motion 6–0. The board recorded the outcome but did not provide contract terms in the discussion recorded on the transcript; the approval was explicit and contingent on final contract review by the superintendent and general counsel.
The district did not present detailed financial terms or an implementation timeline during the portion of the meeting on the record. The board’s action moves the selection forward subject to contract execution and customary legal review.
