NEWS FEED

Tag-A-Palooza 2024
Date Posted: October 24, 2024

Office of the Marijuana Commissioner: Licensing Lottery
Date Posted: October 23, 2024

AG Jennings issues open letter to Delaware landlords urging Delaware Landlord/Tenant Code Compliance
Date Posted: October 22, 2024

New Housing Vouchers for Delaware Families
Date Posted: October 21, 2024

Piping Plover Population in Delaware Experiences Slight Decline, Offset by Higher Nesting Success
Date Posted: October 21, 2024

National Slow Down Move Over Day Observed as Delaware Sees Near Record Crashes
Date Posted: October 18, 2024

Delaware Officials Unveil New Sign to Celebrate Delaware’s Agricultural Lands Preservation Program
Date Posted: October 17, 2024

DOJ secures prison time for former trooper
Date Posted: October 16, 2024

Colonial Teacher Named Delaware 2025 Teacher of the Year
Date Posted: October 15, 2024

Governor Carney Orders Lowering of Flags
Date Posted: October 15, 2024

Delaware Faces Dry Conditions: Open Burning Ban Issued, Water Conservation Urged
Date Posted: October 15, 2024

Burning Ban
Date Posted: October 15, 2024

DelDOT Announces 4th Annual Name That Plow Contest
Date Posted: October 15, 2024

Potassium Iodide Distribution on October 24 in Townsend
Date Posted: October 15, 2024

DPH Releases Latest Cancer Incidence and Mortality Trends in Delaware
Date Posted: October 14, 2024

Navarro Announces Eighth Consecutive Workers’ Comp Rate Decrease
Date Posted: October 14, 2024

Governor Carney Statement on Honorable James T. Vaughn, Jr.’s Passing
Date Posted: October 11, 2024

Delaware Celebrates $14.3 Million Climate Grant for I-95 Charging Infrastructure
Date Posted: October 10, 2024

AG Jennings Announces $52 Million Multistate Settlement with Marriott for Data Breach
Date Posted: October 10, 2024

First Spouse Tracey Quillen Carney, Delaware DOE, Delaware Readiness Teams Kick off Kindergarten Registration
Date Posted: October 9, 2024

Delaware Board of Pardons Reforms Support Second Chances
Date Posted: October 9, 2024

Look Out for Deer Crossing Roads During Mating Season, Delaware Authorities Caution Drivers
Date Posted: October 9, 2024

Governor Carney to Activate Delaware National Guard to Assist with Florida’s Hurricane Response
Date Posted: October 8, 2024

Food Bank, Lt. Gov. Hall-Long Coordinate Infant Formula, Supplies for Hurricane Helene Relief
Date Posted: October 8, 2024

Highmark Exam Results In Mental Health Parity Penalties
Date Posted: October 8, 2024

Governor Carney Statement on Former Mayor Ted Becker’s Passing
Date Posted: October 7, 2024

Fire Prevention Month 2024
Date Posted: October 6, 2024

2024 General Election Voter Registration Deadline is Saturday, October 12, 2024 at 11:59 p.m.
Date Posted: October 4, 2024

OMC Receives More than 1,000 Applications for Licenses and Prepares for the Lottery Process
Date Posted: October 3, 2024

Blackbird Creek Fall Festival Set For October 19
Date Posted: October 3, 2024

Medicare Assistance Bureau: Important Reminders Ahead of Open Enrollment
Date Posted: October 3, 2024

National Endowment for the Arts Announces $12 Million in Grants to Expand Access to Arts in Communities Nationwide
Date Posted: October 2, 2024

Delaware EARNS Registration Deadline Approaching
Date Posted: October 2, 2024

The Mezzanine Gallery to Exhibit Brandan Henry’s “Ebon Solus”
Date Posted: October 2, 2024

Delaware’s AP Success: Advancing Equity and Excellence
Date Posted: October 2, 2024

GACEC Partnering with Delaware YMCA to Host Resource Fair
Date Posted: October 1, 2024

McMaster Technique Offers Delaware Livestock Producers and Veterinarians More Options in Herd Health
Date Posted: October 1, 2024

DSHA Launches Landlord Incentive Program to Expand Housing Opportunities for Voucher Holders
Date Posted: October 1, 2024

Governor Carney Signs State Retiree Health Care Benefits Legislation
Date Posted: September 30, 2024

Delaware sends swift water team to North Carolina
Date Posted: September 30, 2024

Community Engagement Sessions for Delaware Climate Action Plan Update Planned
Date Posted: September 30, 2024

Delaware Division of the Arts and DETV Launch “Arts Alive Delaware” TV Series
Date Posted: September 26, 2024

Delaware Office of Highway Safety Announces New Campaign to Increase Safety on Delaware Roadways
Date Posted: September 26, 2024

15 DNREC Programs to Participate in UD’s Annual Coast Day
Date Posted: September 26, 2024

Bridge Damage to Require Extended Lane Closure on Route 896 South
Date Posted: September 25, 2024

DNREC Study Finds PFAS in Surface Water Samples
Date Posted: September 24, 2024

Two Delaware Schools Named 2024 National Blue Ribbon Schools
Date Posted: September 23, 2024

Five Schools Earn State School Counseling Award
Date Posted: September 23, 2024

Governor Carney Vetoes House Bill 140
Date Posted: September 20, 2024

First Spouse Tracey Quillen Carney Recognizes September as Literacy Month, Continues Reading Tour
Date Posted: September 19, 2024

Event at the Delaware Public Archives: Tales from the Vaults
Date Posted: September 19, 2024

Emergency Sirens Test on October 1
Date Posted: September 19, 2024

Delaware Brings Private Paid Family Medical Leave Policies to Market
Date Posted: September 19, 2024

DNREC Accepting Community Water Quality Improvement Project Grant Proposals
Date Posted: September 18, 2024

DNREC to Hold Community Information Session Sept. 24 on Indian River Inlet North Side Beach and Dune Repair
Date Posted: September 18, 2024

State Auditor’s Office Issues First Audit of Dual Employment of Government Officials Since 2017
Date Posted: September 17, 2024

Overdose Review Commission releases 2023 annual report
Date Posted: September 17, 2024

OWAA Releases Comprehensive Report on the Status of Women in Delaware
Date Posted: September 17, 2024

Poetry Out Loud to Celebrate 20th Anniversary During 2024-2025 School Year
Date Posted: September 16, 2024

Health Insurance Marketplace Data Released; Rates Finalized
Date Posted: September 16, 2024

Delaware News

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Treasurer Davis Interview Highlights Settlement to Help Teachers Retirement Investments

State Treasurer Colleen C. Davis | Date Posted: Wednesday, January 29, 2020

Listen

AAA bond rating, income calculator, and ABLE plan also featured

Delaware teachers misled by bad advice from a former vendor of retirement services now have options regarding their savings.
Delaware State Treasurer Colleen Davis spoke with Jeffrey Snyder of the Broadcast Retirement Network to discuss the settlement between the State and broker Horace Mann.

In 2016, in order to help educators get similar pricing and services that other State employees receive in their retirement plans, Delaware transitioned from a multi-vendor format, to a single vendor. The State selected Voya financial as its record keeper for the 403(b) plan as well as its 457(b) and 401(a) plans.

After the change, a Horace Mann representative, Dieter Hofmann provided customers with inaccurate or misleading information regarding the change to a sole vendor. Hoffman allegedly advised many of his 403(b) clients to stop their contributions to the 403(b) program and instead buy into Horace Mann individual retirement accounts (IRA).

Financial Operations Program Manager Dan Kimmel and Investment and Operations Manager Michael Green led the effort for the Office of the State Treasurer, with the Delaware Department of Justice investigating and reaching the settlement.

You can see Treasurer Davis’s entire interview in which she also discusses the State maintaining its AAA bond rating, and a tax-advantaged way for individuals with disabilities, and their families, to save money for disability-related expenses at BRN AM.