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Alight Solutions to team with Accenture Federal Services to provide defined contribution recordkeeping services to the Federal Thrift Savings Plan

Lincolnshire, Ill. Nov 18, 2020 |

Media Contact

Alight Investor Relations
470-638-7400
Investor.relations@alight.com

Alight Solutions, a leading cloud-based provider of integrated digital human capital and business solutions, is pleased to announce that it will team with Accenture Federal Services (AFS) to provide defined contribution recordkeeping for the Federal Thrift Savings Plan (TSP).

As announced on November 16, the Federal Retirement Thrift Investment Board concluded its Recordkeeping Services Acquisition (RKSA) with an award to Accenture Federal Services. Alight will work with Accenture Federal Services to provide recordkeeping, administration and support to the approximately 6.1 million Federal employees and uniformed service members who participate in the TSP.

“Alight’s long history of administering large, complex defined contribution plans has helped millions of U.S. workers save for a more secure retirement.” said Stephan Scholl, CEO of Alight. “We are honored to be selected to team with AFS to help advance the critical work of TSP in ensuring the long-term savings and retirement readiness of millions of Federal workers and members of the uniformed services.”

Under the terms of the contract, TSP participants will benefit from the innovation and investments available from a scaled commercial provider. Examples of new features for TSP participants include access to a mutual fund window, a mobile app, and electronic signature capabilities. In addition, Alight will partner with Retirement Clearinghouse to provide roll-in concierge services to participants interested in moving over retirement savings from prior employer plans.

“Alight is proud to serve the dynamic and diverse TSP participant and beneficiary population,” said Alison Borland, executive vice president and wealth solutions leader at Alight. “Alight’s integrated and highly personalized solutions focused on improving total wellbeing and retirement readiness, coupled with our long-standing commitment to work in the best interest of participants will have a positive impact on the retirement outcomes for TSP members for years to come.”

 



À propos d'Alight Solutions

Avec une conviction inébranlable que le succès d'une entreprise commence par ses employés, Alight Solutions est un fournisseur leader dans le cloud de solutions numériques intégrées pour le capital humain et les entreprises. S'appuyant sur une IA et des analyses de données exclusives, Alight optimise les processus d'affaires en tant que service (BPaaS) afin d'offrir des résultats supérieurs aux employés et aux employeurs à travers un portefeuille complet de services. Alight permet aux employés d'enrichir leur santé, leur patrimoine et leur travail tout en permettant aux organisations mondiales d'atteindre une culture de haute performance. Les 15 000 collègues dévoués d'Alight servent plus de 36 millions d'employés et de membres de leur famille. Découvrez comment Alight aide les organisations de toutes tailles, dont plus de 70 % des entreprises du classement Fortune 100, sur alight.com.

Media Contact

Alight Investor Relations
470-638-7400
Investor.relations@alight.com