A shared commitment

McMorgan recognizes that helping union members plan for retirement is becoming increasingly complicated; and helps bring clarity to these issues. Opaque regulations, diverse membership, and a maze of fiduciary responsibilities are just a few of the many complexities facing staff and trustees.

New York Life Retirement Plan Services (New York Life) offers a full suite of retirement plan services, including bundled products for both member and trustee-directed plans, as well as bundled defined benefit plans.

New York Life has a long, successful history of serving the Taft-Hartley community.  Its retirement plan services platform covers over 60 local unions representing more than 280,000 members.1  Each client works with a dedicated team of service professionals and investment education experts who set the standard for responsiveness and attention to detail. Clients also benefit from award-winning technology that integrates account management, client services, and participant transactions.

Defined Contribution
New York Life is a recognized leader in providing defined contribution plan solutions.  The company started as a benefits consulting firm, and its consulting heritage is reflected in a highly collaborative working style.

Defined Benefit
New York Life brings four decades of defined benefit experience to bear on every Taft-Hartley relationship.  Its administration, risk management, and expense management services can improve plan efficiency while lowering costs.

New York Life has been first to market on many important issues, including full fee and revenue disclosure and true system integration.  Through innovation, experience, and exceptional service, McMorgan’s retirement plan services partner holds a 100% retention rate among Taft-Hartley clients.


1As of 6/30/2012


New York Life Retirement Plan Services is a division of New York Life Investment Management LLC, a subsidiary of New York Life Insurance Company, New York, NY 10010.  New York Life Investment Management LLC is not affiliated with McMorgan but pays McMorgan for solicitation of business on behalf of New York Life Retirement Plan Services.