ICMA-RC Encourages Employees to Celebrate National Save for Retirement Week; National Pack-a-Sack Lunch Day is Oct. 21

WASHINGTON, Oct. 8, 2015 /PRNewswire/ -- ICMA-RC, for the third year, is promoting National Pack-a-Sack Lunch Day, Oct. 21, in conjunction with National Save for Retirement Week, which runs Oct. 18-24, 2015.

National Pack-a-Sack Lunch Day reminds public sector employees and other workers that small actions such as bringing lunch to work or forgoing a trip to the vending machine can add up to big savings for retirement. ICMA-RC calculates that employees can save^*:

• $16,066 toward their retirement by bringing lunch twice a week for 15 years;  
• Three times a week saves $24,099; and
• Five times a week saves $40,165.

"National Save for Retirement Week, held every year since 2006 during the third week of October, encourages employees to reflect on their personal retirement goals and determine if they are on target to reach those goals," ICMA-RC President and CEO Bob Schultze said.

"Saving for retirement seems easier if you think in terms of small steps instead of larger segments of money," said Schultze. "Over time you can accumulate a substantial amount by taking small steps like bringing lunch to work a few times a week and saving that money for retirement instead."

ICMA-RC, an original supporter of National Save for Retirement Week, initiated National Pack-a-Sack Lunch Day in 2012. The Pack-a-Sack promotional campaign has won awards from the American Business Association, the Insurance & Financial Communicators Association, and the League of American Communications Professionals. 

Several U.S. cities and counties are expected to pass proclamations in support of this year's National Pack-a-Sack Lunch Day. Pledge to pack your lunch on Wednesday, Oct. 21 at www.retirementweek.org.

*Calculations are based on a 5 percent investment return. Source: ICMA-RC's Small Change, Big Savings calculator at www.icmarc.org/smallchange.

About ICMA-RC
Founded in 1972, ICMA-RC is a non-profit independent financial services corporation based in Washington, D.C. focused on providing retirement plans and related services for more than one million public sector participant accounts and more than 9,000 retirement plans. Our mission is to help build retirement security for public sector 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: 1015-8011

SOURCE ICMA-RC

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