Pursuant to Ohio Revised Code 3305.03 (“Code”), the Chancellor of the Ohio Board of Regents, known as the Ohio Department of Higher Education, collectively referred to herein as the Ohio Department of Higher Education (“ODHE”) is responsible for designating the entities that are eligible to provide investment options under alternative retirement plans maintained by public institutions of higher education. In order to designate these entities as vendors, the ODHE must accept and review applications. Vendors must meet certain requirements set forth in the Code.
In order to fulfill the duties and responsibilities outlined under the Code, ODHE is currently evaluating National Life Group's recent application to provide the investment options to the 401(a) Alternate Retirement Plan (“ARP
(401(a))”). For background and additional information on the application process, visit this page.
Please note this evaluation has no impact on any other retirement plans that may be offered by any of the universities. This review is limited solely to the ARP (401(a)).
Inquiries should be directed to Michelle Chavanne, General Counsel, Ohio Department of Higher Education at
There is a comment period from January 23, 2020 through February 6, 2020, during which each public institution of higher education is authorized to comment on National Life Group's application for designation and/or to request a meeting with the ODHE concerning the application.
University comments can be made using the form below.