Creative Education Efforts Lands the State of
Missouri Deferred Compensation Plan TWO Prestigious
2019 Eddy Awards from Pensions & Investments Magazine
At the 2019 Pensions & Investments East Coast Defined Contribution Conference, the State of Missouri Deferred Compensation Plan (MO Deferred Comp) was awarded TWO prestigious Eddy Awards in the special projects category. The P&I Eddy Awards recognize outstanding efforts by plan sponsors and their service providers to educate employees about how to invest their defined contribution plan assets wisely for retirement.
MO Deferred Comp received the highest achievement – a first place Eddy Award – for their 2018 What's Your Excuse video series. As stated in the award winner's booklet,
"Missouri Deferred Comp created six educational – and hilarious – videos highlighting common excuses people use for not saving for retirement. Each of the short "What’s Your Excuse" videos – done entirely in-house – featured excuses that the plan's education specialists had heard over the years. Judges liked the creativity and the tongue-in-cheek tone."
To view the award-winning campaign visit, http://modeferredcomp.org/news/2018-americansavesweek.html.
The deferred comp plan also received a second place honor for their easy enrollment postcard. The award committee wrote,
"The 457(b) plan used a postcard featuring dogs and a cat living the good life and bright colors in an over-the-top creative effort to make their cards stand out and get employees to take action and enroll in the plan. The response rate was triple the average for direct mail."
The State of Missouri Deferred Compensation Plan takes great pride in finding unique ways to educate plan participants on the importance of saving for their future. Whether it's through video, print publications, email, text messaging, or face-to-face methods, the plan continues to push the bar and find creative solutions to engage with state of Missouri employees. Deferred comp's education outreach team said, "It is truly an honor to earn industry recognition from a leading institutional investment publication like Pensions & Investments."
The State of Missouri Deferred Compensation Plan, a voluntary 457 defined contribution plan, is administered by the Missouri State Employees' Retirement System (MOSERS). To learn more about the deferred compensation plan's award-winning educational efforts, connect with them on Facebook, Twitter, LinkedIn, and YouTube.