PSU news by
Penn State's student blog

Topics

About

TIAA-CREF CEO Roger Ferguson To Meet With Students, Administrators Next Week

Roger Ferguson Jr., the TIAA-CREF president/CEO and former vice chairman of the Board of Governors of the U.S. Federal Reserve System, will meet with students and faculty on March 31 to discuss a host of issues.

In two separate sessions, Ferguson will make his second visit to State College, speaking with students and faculty on financial literacy with a focus on student loan debt and budgeting. The two forums will be recorded and available for public viewing in the near future, according to a university press release.

TIAA-CREF is a Fortune 100 company in the financial services sector, and provides retirement aid to those in the academic, research, medical, and cultural fields. It also works closely with Penn State as its only record-keeping company for its 403b retirement schedule.

During his time at the Fed, Ferguson met with influential international policy groups in talks on macroeconomic policy. He was the sole Federal Reserve System governor in the nation’s capitol on Sept. 11, 2001, a situation that forced him to navigate the Fed’s immediate response to the attacks. It proved to be an important moment: His actions largely kept the U.S. financial system working as global panic set in.

“Penn State has an excellent working relationship with TIAA-CREF, and to have someone of Roger Ferguson’s caliber not only leading the company, but to also be willing to come and spend a day at Penn State is very exciting,” Susan Basso, vice president for human resources, said in the Penn State News article. “He is an incredibly impressive individual, and I am confident that individuals will find their time with him to be very dynamic and informative.”

Ferguson will also meet with President Barron and other Penn State administrators to discuss the Penn State Retirement Oversight Committee. That important committee is overseen by David Gray, the university’s senior vice president for finance and business, and is made up of faculty and staff that oversee the TIAA-CREF plan.

“Many employees might not even know we have one, but given our fiduciary responsibilities it’s a critically important committee that is overseeing TIAA-CREF’s investments on behalf of our employees,” Basso said.

About the Author

Ben Berkman

State College, PA

Comments

More by Ben

Nassib Healthy To ‘Kick Some Ass,’ Johnson And Hackenberg Seek Pro Evaluations

James Franklin made two things clear before the Lions travel South: Carl Nassib is 100 percent healthy for a game for the first time in more than a month, and Christian Hackenberg and Austin Johnson have both applied for draft evaluations from the NFL.

Gameday Observations: Return To Rec

Penn State Stomps Canisius, 81-67, In First Of Two Rec Hall Showdowns

Athletics

Penn State Women’s Volleyball Releases 2018 Schedule

Russ Rose’s Nittany Lions won’t play a single home match in September, electing to test themselves against teams like Stanford and Oregon early in the season.

Penn State Hoops Alumnus Joonas Suotamo’s Journey To Becoming Chewbacca Featured On ESPN’s ‘E:60’

Evaluating Tony Carr’s Performance At The 2018 NBA Draft Combine

Penn State Hockey Commit Evan Bell Wins Clark Cup With USHL’s Fargo Force

Center Ludvig Larsson Transfers To Penn State Hockey From Merrimack

Student Life

Penn State Esports Wins Tespa Collegiate Hearthstone Championship

With two Penn State Esport teams in the top eight, the odds of winning the National Championship were ever in our favor.

Road And Utility Work Impacting Penn State This Summer

Where Do Penn Staters Move After Graduation?

Plans Submitted For New KFC In State College

Developers have submitted preliminary land development plans to build a new KFC restaurant at 1780 S. Atherton St. in State College.

Evaluating Tony Carr’s Performance At The 2018 NBA Draft Combine

Carr underwhelmed in the agility tests and the scrimmage, but impressed scouts with his sharp-shooting skills.

We Are Royalty: Meghan Markle Is A Penn State Fan

Penn State fans are everywhere, even in the British royal family.

Be the first to know

  • Top posts and the best Penn State stories

Thank you for subscribing.

Something went wrong.

Penn State Esports Wins Tespa Collegiate Hearthstone Championship

With two Penn State Esport teams in the top eight, the odds of winning the National Championship were ever in our favor.

Send this to a friend