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Voya Financial Extends Partnership with Honolulu Retirement Plan

Voya Financial has renewed its contract with the City and County of Honolulu to manage the city's pension plan. The renewed agreement will provide long-term stability and continued support to the city's pension beneficiaries.

  • Voya Financial renews contract with the City and County of Honolulu
  • Partnership will provide stability to the city's pension plan
  • Renewed agreement will support pension beneficiaries

Voya Financial has announced the renewal of its contract with the City and County of Honolulu to manage the city's pension plan. Under the renewed agreement, Voya Financial will continue to provide long-term investment management and administrative services to the city's pension plan, offering stability and support to its beneficiaries.

The partnership between Voya Financial and the City and County of Honolulu dates back to 2013. Since then, the company has worked closely with the city to manage its pension plan, providing expert investment advice and administrative support to ensure the financial security of its pension beneficiaries.

The renewed contract is a testament to the strong relationship between Voya Financial and the City and County of Honolulu. It will provide continued stability and support to the city's pension plan, allowing beneficiaries to plan for their financial futures with confidence.

City officials have expressed their satisfaction with the partnership, citing Voya Financial's expertise and commitment to delivering excellent service. 'We are pleased to have reached a renewed agreement with Voya Financial,' said a spokesperson for the City and County of Honolulu. 'Their expertise and dedication to our pension plan have been invaluable, and we look forward to continuing our partnership.'

The renewed contract is expected to have a positive impact on the city's pension beneficiaries, who will continue to receive high-quality investment management and administrative services. Voya Financial's commitment to delivering excellent service will ensure that the city's pension plan remains a secure and sustainable source of income for its beneficiaries.

Why this matters: This development is significant for the City and County of Honolulu, as it ensures the stability and security of its pension plan. UK residents may be interested in this story as it highlights the importance of effective pension management and the benefits of a long-term partnership between a pension provider and a local government.

What this means for you: What this means for you: As a UK resident, you may be interested in the ways in which effective pension management can benefit local governments and their pension beneficiaries. This story highlights the importance of a long-term partnership between a pension provider and a local government, and the benefits of a secure and sustainable pension plan.

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