Public Sector Employees Encouraged to Take Small Saving Steps During National Save for Retirement Week, October 20-26

October 17, 2013

ICMA-RC, an NLC Capstone Corporate Partner, is encouraging public employees to take small steps toward planning for retirement during National Save for Retirement Week, an effort to promote the importance of saving for retirement. As part of National Save for Retirement Week, ICMA-RC will sponsor “National Pack-a-Sack Lunch Day” on Wednesday, Oct. 23, a day in which employees are encouraged to pack a brown bag lunch. Employees who want to see how small financial changes, such as packing a lunch, can make a big difference over time can visit ICMA-RC’s National Save for Retirement Week online resource, www.retirementweek.org. The site includes the “Small Change, Big Savings” interactive calculator, which shows how small steps like packing your lunch or skipping your morning latte can add up over time. 

In early October, Washington, D.C. Mayor Vincent Gray issued a proclamation declaring Oct. 23, 2013 as “Pack-a-Sack Lunch Day” in celebration of National Save for Retirement Week and encouraged all D.C. citizens and public employees to participate by taking small steps toward saving and securing their financial futures.

ICMA-RC will also host live webinars on financial topics for both employers and employees. In addition, ICMA-RC’s more than 150 field representatives located throughout the country will educate employees on the importance of saving for retirement and will be distributing reusable lunch bags during National Pack-a-Sack Lunch Day.

“ICMA-RC’s National Save for Retirement Week campaign and educational offerings were designed to show public sector and other employees that small steps can make a big difference when preparing for retirement, regardless of their career stage,” said ICMA-RC President and CEO Joan McCallen. “We are pleased to continue our strong support for National Save for Retirement Week as we encourage public employees to work toward building retirement security.”

ICMA-RC invites employers and employees to participate in National Save for Retirement Week and “National Pack-a-Sack Lunch Day.” To learn more, visit www.retirementweek.org.

About ICMA-RC

Founded in 1972, ICMA-RC is a non-profit independent financial services corporation focused on providing retirement plans and related services for more than a million public sector participant accounts and approximately 9,000 retirement plans. Our mission is to help build retirement security for public employees. We deliver on our mission by focusing on service, quality and value. All of our retirement programs, administrative services and educational tools have been developed specifically for public sector retirement plan administrators and participants. For more information, visit www.icmarc.org.

About the Corporate Partners Program

The National League of Cities Corporate Partners Program promotes the exchange of ideas between corporate leaders and the leaders of America's cities in order to strengthen local government, encourage economic competitiveness and promote corporate civic engagement.

NLC Corporate Partners provide valuable insights and perspectives on issues facing cities and towns and offer resources to address those opportunities and challenges.