WASHINGTON, Feb. 17, 2016 /PRNewswire/ -- For the third consecutive year, ICMA-RC, the nation's only non-profit provider of retirement plans exclusively for public sector employees, is participating in America Saves Week. America Saves Week is a national campaign to encourage individuals and families to save money and build personal wealth. Held Feb. 22-27, 2016, the week gives employees an opportunity to renew their focus on saving and planning for retirement at a time when people often think about establishing goals — at the beginning of the year.
ICMA-RC is promoting several digital resources specifically for the week, including its new "Grow Your Savings" calculator, which shows participants how their savings can add up over time by increasing contributions to their retirement plan. The calculator also shows the effects of compound interest on savings. You can visit the calculator at www.icmarc.org/grow.
"America Saves Week is a great opportunity for public employees to explore our award-winning resources," said Bob Schultze, ICMA-RC President and CEO. "We hope the resources can help employees feel confident in saving and planning for a secure retirement."
In addition to distributing electronic resources, during America Saves Week ICMA-RC representatives across the country will be participating in benefits fairs, conducting one-on-one meetings, and hosting education sessions.
For more information about America Saves Week, visit www.americasavesweek.org.
Founded in 1972, ICMA-RC is a non-profit independent financial services corporation focused on providing retirement plans and related services for more than a million public sector participant accounts and approximately 9,000 retirement plans. Our mission is to help build retirement security for local and state government employees. We deliver on our mission by focusing on service, quality, and value. All of our retirement programs, administrative services, and educational tools have been developed specifically for public sector retirement plan administrators and participants. For more information, visit www.icmarc.org. AC: 0216-8201