Keenan Financial Services: SERP

SERP

 

WHAT IS SERP?

SERP is a program designed to create incentives that effectively and efficiently increase and accelerate the retirement rate, in excess of the natural attrition rate. Many districts throughout California are looking for cost containment and cash flow strategies. SERP is an innovative turn-key program which has been utilized by many schools and colleges to:

WHY SERP?

In theses current economic times, California’s schools are being asked to do more with less – less staff, less money and less support.  SERP creates many benefits for both the districts utilizing them and their employees.

 

 

Benefits to Agencies

Benefits to Employees
  • Staffing flexibility
  • Ability to retire early
  • Payroll savings
  • Guaranteed monthly income*
  • Avoiding layoffs and "burn out"
  • Freedom to pursue other interests
  • We have been offering SERP for more than 25 years, continually improving the program
  • Flexible payout options

*Guarantees are based on the claims-paying ability of the issuing insurance company.

 

WHY KEENAN?

We believe that the success of an early retirement program lies in proper planning and implementation. We also know that sensitivity to retirement issues and respect for those involved is essential. From our experience with more than 10,000 early retirees, we have designed a full-service approach that helps to ensure a "win-win" situation for the district and the employees.

 

For more than 36 years we have supported the full career lifecycle for school employees.  From providing quality benefits during their employment, to ensuring that the retirement benefits they receive meet their needs,  we have continuously crafted innovative solutions, like SERP, that provide real results while remaining cognizant of the value of the taxpayer dollar, without sacrificing the level of service to the agencies, employees and retirees.

 

Find out if SERP is right for you and your employees

Contact us for a no-cost, no-obligation assessment of whether SERP can work for your agency.

 

 

Securities and advisory services offered through NATIONAL PLANNING CORP. (NPC), NPC of American in FL & NY, Member FINRA/SIPC, and a Registered Investment Adviser. Keenan & Associates and NPC are separate and unrelated companies. See home page for full disclosure language.

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