Oklahoma City Deferred Compensation Board Board Meeting
The meeting featured a quarterly report presentation detailing growth across plans, including investment earnings, contributions, and participant demographics. Discussions covered engagement initiatives such as the 'Retire Well' program and digital outreach efforts, highlighting positive engagement stats and security features. The board explored the concept of in-plan annuities versus out-of-plan annuity options, outlining the differences in board oversight and structural requirements. Additionally, an investment consultant provided a report on market performance, expense ratios, and the use of target date funds as default options, confirming that current fund performance meets expectations.