On March 8, the Pension Boards was notified that an agreement had been reached by Cigna to acquire Express Scripts, the pharmacy benefit manager for the UCC Non-Medicare and Medicare Supplement with Rx Plans. The acquisition is expected to close by the end of the year and is subject to shareholder and regulatory approval.
A memorial service for Dr. John Ordway, past Executive Vice President of the Pension Boards who died on April 3, 2017, will be held on Saturday, April 21, 2018, at 1:30 p.m. (ET) at Naples Congregational United Church of Christ in Naples, Florida. A reception will follow the service.
Market Update by David A. Klassen, Chief Investment Officer
With the Dow Jones Industrial Average, the S&P 500 index, and other global equity markets now selling off after a strong January, we wanted to provide our perspective on both the price action and the pickup in volatility.
Helping UCC Retirees
In the United States, about 10,000 baby boomers reach retirement every day, and some are unprepared. Even though soon-to-be retirees are concerned with rising health care costs and retirement income, many have not planned for a secure retirement or examined the right health plans to meet their new standard of living and care.
All of us at one time or another have experienced some type of personal crisis or life event that resulted in grief, stress, financial loss, and more. At the Pension Boards, we are fully committed to your health and personal well-being. We care when life throws you a curve ball.