Board approves joining Partnership for Dignified Retirement pending technical fixes to agreement language
The board voted unanimously to ratify PDR documents — Master Services Agreement, Vestwell partner addendum, Interstate Adherence Agreement, and Memorandum of Cooperation — with instructions to correct a technical IAA adjustment to ensure consistency with Nevada law. Staff and legal counsel will finalize the documents after the noted revisions.
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Lesley Mohlenkamp, deputy treasurer for the Financial Literacy and Security Division, summarized the set of documents required for Nevada to join the Partnership for Dignified Retirement (PDR), noting that Colorado is the lead state and the partnership's documents include a Master Services Agreement, a Vestwell partner addendum, an Interstate Adherence Agreement (IAA), and a Memorandum of Cooperation.
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