Ymca Retirement Fund Phone Number

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The Ymca Retirement Fund

Pension Fund | R760m in unclaimed govt funds

Even after your journey with the Y is complete, were committed to taking care of you. One of the primary benefits of working for a YMCA is that you will be enrolled in the Retirement Plan, the pension program for almost all YMCAs in the United States. Over time, contributions, combined with the interest earned, can help you build a nest egg for the future and plan for a comfortable retirement.

Eligibility

To be eligible for our Ys 12% retirement contribution, you must complete 1,000 hours of YMCA service during each of any two 12-month periods, beginning with your date of hire. These two years do not have to be consecutive, and they may be spread between more than one YMCA in each of the two 12-month periods. You must also be at least age 21. Once you meet the eligibility requirements, our YMCA will enroll you in the Retirement Plan.

To learn more about the YMCA Retirement Fund visit: yretirement.org

Retirement 403 Savings Plan

Any employee can participate in the Savings Plan by opening a 403 Smart Account at any time during their Y employment, starting from their first day. You can immediately make contributions or roll over money to the Tax-Deferred Savings Plan from other eligible employer plans or IRAs.

Hen G Kaniewski President & Chief Operating Officervalmont Industries Inc

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What You Need To Know About The Retirement Plan

The Retirement Plan is a 401 defined contribution account balance plan. This means that your benefits are defined by the amount contributed to your accounts during your Y career, plus the interest credited to these accounts. On this page, you will learn about your eligibility to participate in the Retirement Plan and how contributions to the Plan work. You can also read our Summary Plan Description Booklet for more information.

Eligibility

Before you can be enrolled in the Retirement Plan, you must meet certain age and service requirements. Your eligibility in the Retirement Plan depends on:

  • Y service: You must complete 1,000 hours of service during each of any two 12-month periods, beginning with your date of hire or anniversary date. The two years do not have to be consecutive.
  • Age: Once you have completed the service requirement, you are enrolled on the first day of the month following your anniversary date, provided you are 21 years of age. If your anniversary date falls on the first of the month, you are enrolled on your anniversary date.
  • Vesting

    Once you have met the eligibility requirements, your Y will enroll you in the Retirement Plan. Upon enrollment, you are immediately vested. For more information on Enrollment and Eligibility, click here.

    Plan Contributions
    How Contributions Work

    Suppose your Y has chosen a 12% contribution rate and your paycheck is $2,500. If your Y makes the entire contribution, $300 will be sent to your YMCA Account after every payroll.

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    Ymca Retirement Fund Information

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    Find contact info for YMCA Retirement Fund employees

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    YMCA Retirement Fund’s Email Format Percentage
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    Enter employee name to find & verify emails, phones, social links, etc.

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    How The Fund Works

    Old Bridge Day Camp
  • What is a church pension plan?

    A church pension plan is a plan that serves the employees of an organization that is either a church or is associated with churches or associations of churches.

    On December 21, 2004, President George W. Bush signed a bill into law which clarified that plans of the YMCA Retirement Fund are church plans.

  • How is the YMCA Retirement Fund different from other retirement plans?

    As an administrator of church plans, the Fund can offer retirement income accounts, commingle assets for investment purposes and provide annuities without paying an insurance company.

    In addition, the Retirement Plan and the Savings Plan have a unique plan design. Unlike a typical 401 retirement account, retirement savings at the YMCA Retirement Fund are protected during stormy economic times as a result of this unique structure of the plans. Not once in the Funds 100-year history have account balances ever gone down.

  • Is the money in the Fund insured by the federal government?

    The YMCA Retirement Funds plans, like defined contribution plans, 401s, 403s, etc., are not insured by the government.

  • Is money saved in the Fund safe?

    Yes. The safety of the Fund is in its highly diversified portfolio, managed by professionals and a dedicated Board of Trustees. Not once in the history of the Fund have account balances ever gone down nor have annuity payments ever been missed. The Funds plans are designed in a way that minimizes the risk of investment loss to the participant.

  • Recommended Reading: Transamerica Retirement Plan Phone Number

    Grow More Than Your Career

    This is so much more than an ordinary job. Working at the Y gives you the opportunity to strengthen communities and change lives, including your own.

    From nurturing the potential of youth, promoting the health and well-being of families across the communities we serve, and supporting neighbors in need, the Y is a family of passionate and hard-working individuals ready to welcome you to the team. Youll have fun, learn new skills, and develop meaningful relationships that will benefit you and your family for years to come.

    Elliott C Buchholz Chief Operations Officer Internal & Chief Information Officerymca Retirement Fund

    The team at Hexagon Global is an invaluable and integral part of our organizationâs Information Technology function. They have been supporting our pension management software and systems for many years now, and we think of them as an extension of our internal support team. They continue to demonstrate adept ability in quickly understanding the many nuances of our unique pension program, and are able to effortlessly handle complex requirements at a rapid pace. What has impressed me most is Hexagonâs flexibility and adaptability in quickly handling new requirements while simultaneously supporting and maintaining the stability of our software. They continue to exceed our expectations, and we look forward to many more years of this rewarding partnership.

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    When To Contact Your Local Ymca

    Each YMCA in Canada is an autonomous charitable organization, responsible for its operations. If you have questions, concerns, or comments about the following, please contact your local YMCA:

    • Customer service issues at your local YMCA
    • Your local YMCA’s programs, services, and schedules
    • Canceling your membership
    • Donations to your local YMCA
    • Career and volunteer opportunities at your local YMCA
    • Sponsorship and partnership opportunities in your community
    • Event and space rentals
    • Other inquiries around the work of your local YMCA

    Welcome To The Ymca Retirement Fund

    Sanlam | Members suspend retirement contributions

    We provide retirement benefits for over 750 YMCAs across the country. We offer two plans to help YMCA employees build their retirement savings and reach their retirement goals: the Retirement Plan and the Savings Plan.

    These benefits are exclusive to YMCA employees and are a generous reward for your career of service. We invite you to learn more about us in the video below:

    HOW THE FUND WORKS

    We offer two plans to help YMCA employees build their retirement savings. Upon retirement, you have the option to convert account balance into a generous, lifetime stream of monthly income payments, similar to a pension or annuity.

    ROLLOVERS

    Whatever your age, length of YMCA service, hours worked, or eligibility in the Retirement Plan, you can roll over qualified savings into a Rollover Account in the Savings Plan.

    SAVINGS PLAN

    The Savings Plan, or the Fund’s Smart Account, is a 403 income account plan, available to all employees of participating YMCAs at the start of their employment, regardless of age or hours worked. Your contributions to the Savings Plan are taken from your pre-tax pay through automatic payroll deductions and you can increase these contributions anytime during your career with the Y.

    RETIREMENT PLAN

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    Commitment To Diversity Equity And Inclusion

    Greater Somerset County YMCA is a drug free work environment. We are an Equal Opportunity Employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, age, protected veteran or disabled status, or genetic information who share our values of Caring, Honesty, Respect and Responsibility.

    Year after year, Forbes names the YMCA a Leading Employer for Diversity:

    When To Contact Ymca Canada’s National Office

    The national office of YMCA Canada supports the work of the independent YMCA Member Associations that make up the YMCA Federation in Canada. As each YMCA is responsible for its own operations, it is generally best to reach out to your local YMCA for most inquiries.

    Please feel free to contact us if you have questions, concerns, or comments about any of the following:

    • National initiatives and campaigns
    • National partnerships and sponsorship opportunities
    • Our global partnerships and work
    • Any other inquiries related to the national work of the YMCA in Canada

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    Vaibhav Joshi Assistant Vice Presidenthdfc Asset Management Company

    We would like to thank Hexagon Global IT Services Pvt. Ltd. for being one of our most dependable partners in business. We have worked with them for a successful implementation of Hexagon eViews, one of their flagship solution offerings. They were able to quickly understand our objectives and priorities, utilize their domain and functional knowledge to conceptualize, configure, design and implement the above dash-boarding and reporting solution to our full satisfaction. Our experience with them was fruitful and they have exceeded our expectations. We would not hesitate to utilize their services in future.

    What We Stand For

    Phyllis Hudson, YMCA aquatics mainstay, retires after 36 ...

    The Y is the leading nonprofit committed to strengthening community by connecting all people to their potential, purpose and each other.

    Working locally, we focus on empowering young people, improving health and well-being, and inspiring action in and across communities. By bringing together people from different backgrounds, perspectives and generations, we ensure that we all have access to the opportunities, relationships and resources necessary to learn, grow and thrive.

    The Y is a nonprofit like no other. Thats because in 10,000 neighborhoods across the nation, we have the presence and partnerships to not just promise, but deliver, positive change. We seek people who want to make a difference. The opportunities are endless, and this is where it all starts.

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    Work Biography For Susann Duffy Ymca Retirement Fund

    Susann Duffy works as a Senior Counsel at YMCA Retirement Fund, which is a Finance company with an estimated 63 employees and founded in 1922. They are part of the Legal Counsel team within the Legal Department Susann is currently based in New York City, United States.

    Hmmm Why dont you give Susann a call?

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