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Empower Transition Update

On December 3, 2021, the recordkeeper for PERA’s 401(k)/457 and Defined Contribution Plans will transition from Voya Financial to Empower Retirement. PERAPlus 401(k)/457 and DC Plan participants were notified in October with information about the transition. Highlights of the move include:

  • A robust website and state-of-the-art app plus personalized planning tools
  • Enhanced and simplified financial wellness resources
  • Automatic transfer of your assets and beneficiary elections.

Empower is one of the largest retirement services providers in the nation and we are excited about the upcoming transition.