ALOM Retirement Solutions - ALOM

ALOM Retirement Plan Solutions

According to the U.S. Department of Commerce, Americans save, on average, only 4% of their incomes, and should save three times that amount to maintain a comfortable retirement.

Allegheny League of Municipalities (ALOM) member municipalities and affiliates are afforded a unique opportunity to participate in a Deferred Compensation Plan that serves as an outstanding avenue for employees to save for retirement during their wage-earning years.

Managed via a partnership with Prudential, the ALOM administered plan currently holds over $200 million dollars in assets and was designed with your employees’ unique financial needs and retirement goals in mind. It’s a Plan that not only offers a wide variety of benefits and investment choices, including an extremely competitive Guaranteed Interest Account which is fixed at 4%.

Currently approximately 30 other ALOM municipalities participate in the Plan. This consolidation of ALOM municipalities enables you to enjoy institutional class shares for the mutual funds in the Plan. Additionally, the plan is governed by a committee of local government administrators in Allegheny County.

For more information of participating in the plan, please contact the Allegheny League of Municipalities at 412-261-2521 or via email at jason@alleghenyleague.org

To arrange an appointment with our local on-site Centurion Group Representative, please contact Pat Reisinger at 412-571-3213 or via email patr@centuriongroupllc.com