Enhancements to CMU Retirement Plans

Central Michigan University is committed to helping faculty and staff achieve their retirement goals and adding value to their participation in the university Retirement Program. In order to support a Retirement Program in the best interests of plan participants, the university is transitioning to a single recordkeeper and an open investment platform that will consolidate reporting for participants; better manage costs for participants; meet our regulatory and fiduciary responsibilities; and simplify selection of investments from a range of competitively performing options.