FERPA: The Family Educational Rights and Privacy Act
Retirement Program Changes for 2014
Changes to the TIAA-CREF Retirement plan are coming. The College has been working with TIAA-CREF and The Agbay group due to the 2009 403(b) regulations which call for an increase in fiduciary responsibility of plan sponsors for 403(b) plans. The result of those efforts is for a change in the type of accounts and the investment line up. In January 2014 we will be moving to TIAA-CREF's Retirement Choice contract. We have also developed a new investment line-up that continues to offer target-date funds as well as 25 additional funds represented by 21 asset classes.
Employees are encouraged to review the action steps below and as part of those actions steps view the transition guide information and detailed information about the new investment line-up found at www.tiaa-cref.org/albion
- Awareness of investment line-up under the new plan
After November 25, 2013 view detailed information about the new investment line-up at www.tiaa-cref.org/albion. Review the new line-up and make plans to speak with your own financial consultant or with a representative from TIAA-CREF or The Agbay Group. Human Resources will communicate a schedule of dates when TIAA-CREF and The Agbay Group representatives will be on campus in December and January. Please call the HR office to schedule a half hour appointment, 517-629-0205.
EMPLOYEE ACTION NEEDED - review investment line-up
Individual On-Campus Transition Consultation Schedule Friday, December 6 The Agbay Group - Nick Rea Tuesday, December 10 The Agbay Group - Nick Rea Thursday, December 12 TIAA-CREF - Brian Fors Friday, December 13 The Agbay Group - Nick Rea Thursday, December 19 The Agbay Group - Nick Rea TIAA-CREF - Brian Fors Tuesday, January 7 The Agbay Group - Nick Rea Thursday January 9 TIAA-CREF - Brian Fors Friday, January 10 TIAA-CREF - Brian Fors Tuesday, January 14 The Agbay Group - Nick Rea Thursday, January 16 The Agbay Group - Nick Rea Thursday, January 23 TIAA-CREF - Brian Fors Friday, January 24 TIAA-CREF - Brian Fors Tuesday, January 28 The Agbay Group - Nick Rea Thursday, January 30 TIAA-CREF - Brian Fors
- Creation of new account
TIAA-CREF will automotically create a new Retirement Choice account for all individuals currently making contributions to the 403(b) plan. This will be done by December 20, 2013. Individuals with TIAA-CREF Lifecycle fund will have the current accumulation in the lifecycle fund automatically transferred to the correcponding JP Morgan SmartRetirement Fund.
NO EMPLOYEE ACTION NEEDED
- Election of new investments
If you do not take action, all new contributions will go to the JP Morgan Target date fund closest to when you turn age 65. This is the default action if an employee does not take action. If you want to make your own investment choices, you may do so any time after December 23. All investment choice received by January 30, 2014 will be applied with the January 31, 2014 contributions. You can make a new investment election online or by phone. Online: via secure access at www.tiaa-cref.org. Phone: 800-842-2252 Monday through Friday, 8 AM to 10 PM and Saturday, 9 AM to 6 PM ET. Please note that even if you take no action by January 30, 2014 and default to the age appropriate target date fund, you reserve the right to re-allocate your funds, using any of the plan investment options, at any time in the future.
Default action - all new contributions will go to the JP Morgan Lifecycle fund closest to age 65.
Optional action by employee, make you own investment choices.
- Decide what to do about your existing Albion College Accumulation
Any time after the creation of your account, you may choose to move your existing accumulation under the Albion College plan to the new investment options. With the exception of the TIAA-CREF Lifecycle funds, which will automatically be moved, no action is taken on your accumulation in your current accounts and no action is required. Your old account will continue to exist and perform according to the investments in place. You can continue to move funds among the old investments choices. You will not be permitted to move funds from the new account to the old account.
Default action – those with TIAA-CREF Lifecycle funds will be transferred to the equivalent JP Morgan Target Date Fund
Optional action by employee, move your current funds to the new options.
Questions about the investment options can be directed to TIAA-CREF or The Agbay Group
- TIAA-CREF Call center 800-842-2252 Monday through Friday, 8 AM to 10 PM and Saturday, 9 AM to 6 PM ET
- The Agbay Group, Anthony Agbay and Nick Rea, 877-302-4015
Social Media Editorial Guide
Albion College maintains a presence on most of the major social media platforms. These social channels allow us to spread news, engage our alumni, celebrate student success stories, promote athletic highlights, and share bits of campus life.
The key word is “share.” Social media is a conversation between Albion College and our audiences. And while new social media channels pop up and die off every year, the “sharing” philosophy remains the same.
The Office of Marketing and Communications manages the College’s presence on social media platforms by maintaining a posting calendar and keeping to an editorial strategy throughout the year. While one College employee may manage a particular channel, the entire department gives input and suggestions on what to promote at any time. Social media at Albion College is a team effort.
This editorial guide serves as our how-to manual on the College’s social media presences. The main social media channels are broken down into their own mini guides, and we lump the minor social media channels into one page.
- Facebook Editorial Guide
- Twitter Editorial Guide
- LinkedIn Editorial Guide
- YouTube Editorial Guide
- Flickr Editorial Guide
- Other Social Media Channels Guide
Find Albion social media accounts on our Social Media Listing page.
Sister City Relationship
Noisy-le-Roi and Bailly, France – City of Albion – Albion College
"The Sister City relationship informs our teaching, course design, faculty development, research and service. Sometimes we struggle to articulate the importance of the Sister City relationship to Albion College because it infuses virtually everything we do."
The above quote was how an Albion College faculty member recently described a relationship that received national recognition in 2014 from NAFSA: Association of International Educators in the form of a Senator Paul Simon Spotlight Award for Campus Internationalization.
What began as a bilateral exercise between the City of Albion and the village of Noisy-le-Roi more than 15 years ago is now a true triangular relationship.
Albion and Noisy-le-Roi, located 15 miles west of Paris and a few minutes' drive from Versailles, formally became Sister Cities in 1997. (Bailly, an adjacent village, joined the partnership in 2010.) Over the first 10 years, in what was then a town-to-town collaboration, more than 500 Albion residents and students participated in youth and adult exchanges and internships in Noisy. Then in 2007, Albion College's new president, Donna Randall, and provost, Susan Conner, hosted "An Evening of French Food and Jazz" for the French delegation and members of the campus and Albion community. The seemingly small event proved to be a spark: It validated, coalesced and reinforced the often individual involvement of College faculty, staff and students. A year later, the College began its real journey as a partner in the Sister City relationship toward intentional internationalization and building friendships that underscore the collaboration.
The Sister City relationship has led to a number of collaborations. A few are highlighted below (click for more information):
A program in Sustainability Studies between Albion College and the University of Versailles at Saint-Quentin-en-Yvelines (UVSQ) that includes a semester of study in France.
An international business plan development program between the College's Carl A. Gerstacker Institute for Business and Management and the Ecole Superieure de Vente (SdV) in Saint-Germain-en-Laye.
An international practicum developed by Albion College's Education Department and the middle school in Noisy-le-Roi, in which Albion students go abroad for a week during winter break to observe students and teachers and make formal comparisons between the French and American systems of education.
Albion College's annual Piano Festival brings in the most talented young people from the environs of Paris to participate with students in south-central Michigan. And Albion fine and performing arts faculty have opportunities to exhibit and teach master classes in France.
Other opportunities have included faculty research for non-French specialists at the Bibliothèque nationale as well as student internships involving the restaurant business, organic farming, translating admissions materials, community service, and shadowing medical professionals.
Lessons Learned, and Looking Ahead
Small institutions have incredible opportunities to harness energies, enthusiasm, and bold ideas and dreams, and pair them with the "person power" that comes from relationships. Here, the City of Albion, the Sister Cities of Noisy-le-Roi and Bailly, and Albion College happen to share and treasure joint values, namely "the ability to function as well-informed citizens both locally and globally" and often "to go beyond our comfort zones."
At the core of it, relationships matter. Indeed, they are essential. They grow, and they enable growth. They sustain, they are substantive, and they are substantial. And, in the case of this enduring relationship, they cement bonds that are an ocean or a sea apart.
The following representatives would be happy to share more information on the Sister City relationship and upcoming collaborations between Albion, Noisy-le-Roi and Bailly, and Albion College:
Dianne Guenin-Lelle, professor of French
City of Albion
Sister City Committee web page
Noisy-le-Roi and Bailly
Sister City website