Education

  • 401(a) Alternative Retirement Plan Review for New and Continuing Designated Vendors
    by jhusenits on December 6, 2019 at 3:43 pm

    Pursuant to Ohio Revised Code 3305.03 (“Code”), the Chancellor of the Ohio Board of Regents, known as the Ohio Department of Higher Education, collectively referred to herein as the Ohio Department of Higher Education (“ODHE”) is responsible for designating the entities that are eligible to provide investment options under alternative retirement plans maintained by public institutions of higher education. In order to designate these entities as vendors, the ODHE must accept and review applications. Vendors must meet certain requirements set forth in the Code.  In order to fulfill the duties and responsibilities outlined under the Code, ODHE is conducting a review process of all entities currently providing the investment options to the 401(a) Alternate Retirement Plan (“ARP  (401(a))”) and evaluating any potential new entities that submit an application. It is important to note that all entities providing these services today must complete the application process to be evaluated and have their designations renewed. Failure to complete the application process may result in the rescinding of the entity’s designation moving forward.  The purpose of this review is as follows:  Review all current available vendors who are providing investments options and/or services under the ARP (401(a)) to evaluate if each current vendor satisfies all the requirements outlined within the Code. Provide an opportunity to any vendors who are not providing services today to the ARP (401(a)) to submit an application for review and consideration to be added as a designated vendor. Please note this review and evaluation has no impact on any other retirement plans that may be offered by any of the universities. This review is limited solely to the ARP (401(a)).  In order to submit your application, you must complete the online version; do not attempt to submit a pdf or other version of this application. If you do not currently have access to the online application, please contact Cynthia Zaleta at Cynthia.Zaleta@aon.com and Tamara Langham at Tamara.Langham@aon.com. You may also contact these individuals for other submission requirements, information requested and/or application clarification.  If there are any other inquiries not related to the requested materials and application process, these should be directed to Michelle Chavanne, General Counsel, Ohio Department of Higher Education at mchavanne@highered.ohio.gov.  Vendors who choose to reply may be disqualified, and proposals may be rejected, for failure to properly complete the Application. In addition, in accordance with the Code, we are informing you that there is a comment period from December 6, 2019 through January 6, 2020, during which each public institution of higher education is authorized to comment about an entity's application for designation and/or to request a meeting with the ODHE concerning the application or review.  University comments can be made using the form below. Type: OtherCategory: Proposed ActionInstitution: Ohio Department of Higher EducationComments Period: Friday, December 6, 2019 - 11:00am to Monday, January 6, 2020 - 11:00amFiles: ODHE_RecordkeeperSearch_120619.pdfStatus: In Review

  • Episode 125 - Two ODHE Staff Members Honored for Their Work
    by jhusenits on December 5, 2019 at 6:44 pm
  • Episode 124 - Appalachian Ohio's Positive Partnerships
    by jhusenits on November 27, 2019 at 2:05 pm
  • Fee Pledge Request: Eastern Gateway Community College
    by jhusenits on November 26, 2019 at 4:53 pm

    Consideration of a request by Eastern Gateway Community College to pledge fees in support of a bond issuance of $15,000,000 to be used to finance the acquisition and renovation of property. Type: Capital & OperatingCategory: Fee Pledge RequestInstitution: Eastern Gateway Community CollegeComments Period: Tuesday, November 26, 2019 - 11:53am to Wednesday, December 11, 2019 - 11:53amFiles: FPR_EGCC_nov2019.pdfStatus: In Review

  • Episode 123 - College Credit Plus Turns 5
    by jhusenits on November 21, 2019 at 7:43 pm
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