What's Happening?
Nationwide Retirement Solutions has been selected by the U.S. Conference of Mayors as the exclusive provider for its deferred compensation program. This partnership aims to offer retirement education, investment choices, and superior service to public employees. Nationwide makes fixed payments to the U.S. Conference of Mayors in exchange for advocacy of its products and services. The program is designed to be competitive and beneficial for public employees, with members free to choose Nationwide or other providers for their retirement plans.
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Why It's Important?
The partnership between Nationwide and the U.S. Conference of Mayors highlights the importance of providing comprehensive retirement solutions for public employees. By offering competitive investment options and educational resources, the program supports the financial security of municipal workers. This collaboration also reflects the role of the U.S. Conference of Mayors in advocating for beneficial services for its members, potentially influencing retirement planning and financial stability for public sector employees across the country.
