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Retirement Program

Parkland offers a retirement benefits program (administered by Empower – formerly Milliman) to help you plan and save for the future. Full-time and part-time employees can save on a mandatory and voluntary basis. Choose your hire date below to see your program details.

 

Senior Couple On Cycle Ride In Countryside
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For Employees Hired on or Before Dec. 12, 2023

You will participate in the Retirement Income Plan (full-time employees) along with the Supplemental Savings Plan (full-time and part-time employees) and the Mandatory Savings Plan (part-time employees).

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For Employees Hired After Dec. 12, 2023

For mandatory savings, you contribute to the Mandatory Savings Plan. For voluntary savings, you can contribute to the Supplemental Savings Plan.

On September 1, 2026, Empower Retirement, LLC acquired Milliman, Inc.’s (“Milliman”) retirement and health & welfare administration business. For a limited transition period, Milliman will provide certain services to Empower to support the administration of the retirement business acquired by Empower. Empower refers to the products and services offered by Empower Life & Annuity Insurance Company and its subsidiaries, including Empower Retirement, LLC. Empower is not affiliated with Milliman or its affiliates.