Our Pension Plan Recordkeeper
Large pension plans usually engage a professional pension plan recordkeeper to provide a variety of services to their plan members. For example, pension plan recordkeepers maintain the software platform that keeps track of our accounts, they send out our quarterly statements, they process our distributions, they answer inquiries from account holders, and they coordinate with the investment companies in the plan's investment portfolio. On September 1, 2012, our accounts were transferred to our new recordkeeper, TIAA-Cref Retirement Services. TIAA-Cref is the largest provider of pension services in the higher education field.