News Archive

Connie Van Onselder

Albion challenged Connie.
A liberal arts education and Albion in particular taught me critical thinking. As a top financial officer, it is imperative that you know how to question and apply logic as well as manage people. Management is actually taught at Albion, something that I have seen fellow colleagues struggle with. Experience is essential in management, but having the basics in your head before you start and working through scenarios in a classroom setting definitely provide an advantage once you work past the “number crunching” positions.
Albion encouraged independent and critical thinking, provided real-world internship opportunities that opened doors once I graduated, exposed me to topics and people that I had not been exposed to before, and introduced me to some of my closest lifelong friends.

Take It Further: Connie featured in Io Triumphe! magazine (Spring-Summer 2013 issue), Economics and Management, Gerstacker Institute

Erich Owens

Albion prepared Erich.
Albion College was an excellent place to begin my career. The residential focus allowed me to identify a strong peer group to live and learn from, and it fostered connections to faculty to the point where I felt comfortable regularly attending office hours or asking questions in class. The students and research faculty at my later schools were also impressive, but the community aspect was not nearly as individually focused.
The pre-engineering program encouraged me to focus on broader interests. A five-year program gave me plenty of time to take plenty of interesting math and science electives, but it also allowed me to take courses in literature, game theory, philosophy and art, and even spend a semester abroad in Budapest. This focus on the liberal arts was essential to my development as a human being and a well-rounded professional, and could not have been possible in a compressed four-year curriculum.

Take It Further: Dual Degree Program in Engineering, Mathematics and Computer Science, Physics

Erin Knight

Albion prepared Erin.
The biggest advantage is the well-rounded education that you end up with. Unless you want to go into a strictly technical route, being exposed to a range of subjects from women's studies to world religions challenges you to learn to formulate opinions and have discussions. When you work in a dynamic corporate structure, most of your day is spent navigating the business processes, negotiating with peers or across groups and learning new things. Although I do occasionally have to remember how to set tuning parameters or explain to someone what an endothermic reaction is, it isn't the biggest part of my day.
Another real benefit was the small class size at Albion. At a bigger school many students get lost in the intro chemistry and math classes, and even if they pass they don't necessarily internalize the concepts. At Albion, professors were very accessible and we had great class discussions.
Taking a couple of classes as independent study while I was at Albion was really useful. Not only was it instrumental in letting me graduate in five years, but I think the experience of working through things on my own was a good experience for the work world, when you don't always have a lot of direction but still need to figure out how things work. Also, I found that thermodynamics and reactions engineering were pretty easy after taking the pre-reqs at Albion. The courses at Albion covered most of the concepts, so I was way ahead of my classmates at Michigan in those areas.

Take It Further: Dual Degree Program in Engineering, Chemistry, Mathematics and Computer Science

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

  1. 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



  2. 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

  3. 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.

  4. 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 process can be directed to Lisa Locke, Director for Human Resources (517-629-0205 or )

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

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