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Retirement Plan at Mississippi College Receives Major Award


Professor Nancy Anderson

A Mississippi College retirement plan for its faculty and staff earned first place honors at a conference attracting many of America’s biggest names in the financial business.

MC’s “Retirement 101” plan won the top award in the category Ongoing Education for a Non-Profit at the March 1-3 meetings in Miami, Florida.

“I was quite pleased, since we were competing against much larger plans and more polished marketing proposals,” says Mississippi College business professor Nancy Anderson.

Anderson accepted the award at the conference given by the publication “Pensions & Investments,” at the Trump National Doral hotel in South Florida.

The Pensions & Investments East Coast Defined Contribution Conference helped Anderson and others in attendance return to work with a long list of sound ideas. “I learned a lot about retirement plans and the issues that plan sponsors face now.”

Speakers tackled employee investments, communication issues, retirement packages and much more during the meetings. A lengthy list of conference sponsors ranged from Prudential to John Hancock Investments and the Lincoln Financial Group.

Last year, Mississippi College’s Retirement Committee produced an educational program dealing with faculty and staff retirements. Anderson chaired the panel with help coming from MC Office of Human Resources Director Donna Smith, Trish Reid, the human resources and benefits administrator, and registrar Ginger Robbins. Retirement 101 was modeled after the university’s college courses.

Messages about the new plan were regularly communicated to Mississippi College faculty and staff via fliers, emails, lectures and monthly posts focused on topics on the Baptist-affiliated university’s website.

Anderson happened to spot a notice about the Eddy Awards for the publication “Pension & Investments.” She quickly went to work and submitted MC’s entry along with a detailed explanation of its goals and outcomes.

The blitz of retirement plan data led to other positive results for Mississippi College. Anderson used the information to write an academic paper.

Anderson recently received an award for her paper at the Academy of Business Education Conference in Savannah, Georgia. The paper will be published in the “Journal of Financial Education.”

A MC business professor, author, businesswoman, and Clinton resident, Anderson is well-known statewide to thousands of radio listeners.

Anderson provides free financial advice as a weekly panelist on the radio program “Money Talks.” The live program airs Tuesday mornings on Mississippi Public Broadcasting stations all over the Magnolia State.