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 SDCOE Deferred Compensation Program Recognized

A deferred compensation program that the San Diego County Office of Education has had a role in bringing to employees across the county recently received some big accolades.

The program, offered through the county Fringe Benefits Consortium, won a Gold Award from MarCom, which highlights exemplary promotional materials. The recognition was for the program’s transition to Empower Retirement, which now provides retirement services for the program.

An online video created as part of that transition also won an honorable mention from the Videographer Awards, one of the oldest and most respected awards program in the video industry.

The same program is up for an Eddy Award, the annual recognition by Pensions & Investments, an international magazine about money management. More awards are expected this year.

When the consortium started the deferred compensation program in 2002, it was something that hadn’t been done in a public school system. The program saves district and employees money with lower fees and commissions.

This program currently is the example of how plans should be administered for school districts,” said Dan Puplava, deferred compensation program manager for the consortium. “Over the last couple of years, I have been contacted by different school districts to discuss how they could setup this kind of program in Florida, Arizona, Montana, and Idaho.”