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COUNTY OF SAN MATEO
DEFERRED COMPENSATION ADVISORY COMMITTEE October 27, 2021

1. Approval of Resolution Pursuant to AB 361 (Jay Castellano)

RETREAT ITEMS

2. Introduction (Jay Castellano)

3. Financial Wellness
A. Review of Currently-Available Financial Wellness Resources
i. Empower—Future Participant Experience (Tina Wilson)
ii. Employee Benefits (Kim Pearson)
B. Best Practices from Other Plans
i. NFP (Bill Tugaw & Paul Hackleman)
ii. Empower Team
C. DCAC Discussion: “Gaps” in County Financial Wellness (Jay Castellano)
i. Brainstorm
ii. Priorities
D. Next Steps (Jay Castellano)

4. Cyber-Security (Trish McGinity) TIME-CERTAIN at 10:30am
A. Ways Empower is Protecting Data
B. An Overview of Fraud Prevention and Client Protection Measures
C. Empower’s Response to the DOL Cybersecurity Best Practices
D. What we can all do to improve data security?

5. Retiree Education
A. Topic: Retirement Services Group (Patrick McCann)
B. Topic: Rollouts
i. How Big of a Problem Is It? (Paul Hackleman)
ii. County of San Mateo versus Peer Plans (Paul Hackleman)
iii. Strategies for Minimizing Rollouts to “Predatory” Entities (Paul
Hackleman)
C. Distribution Channels Specific to Retirees
i. Employee Benefits (Kim Pearson)
ii. Review of 2021 NAGDCA Award-Winning Education &
Communication Programs (Jay Castellano)
D. DCAC Discussion: “Gaps” in County Retiree Education (Jay Castellano)
i. Brainstorm
ii. Priorities
E. Next Steps (Jay Castellano)

NEXT MEETING AGENDA ITEMS

ADJOURNMENT

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