Announcements

We keep the main page focused on what you need right now so it doesn’t get crowded. As information gets older, we move it here to the archive. That way, it stays out of the way but is still easy to find if you ever need to search for it.

Archived on 6/18/2026

The investment manager for the GQG International Opportunities Fund identified an accounting error related to certain foreign tax expenses. As a result, the fund’s share price (net asset value or “NAV”) was overstated during a specific period.

Remediation Period
December 5, 2023 – December 11, 2024

After reviewing transactions during this period, corrections were completed on February 6, 2025. Adjustments were calculated at the individual account level.

• Participants who were negatively impacted received additional shares or a cash adjustment.
• Participants who may have benefited were not required to return any amounts.
• All corrections were processed automatically — no action was required.

Many participants were not affected.

Questions
Contact TIAA Participant Services at 800-842-2252
Weekdays, 8:00 a.m. – 10:00 p.m. (ET)

Additional Information
More details are available on Goldman Sachs Asset Management’s remediation page:
https://www.goldmansachsfundremediation.com/index.html

This notice is provided for transparency regarding the completed correction process.

Updated 3/3/2025

President Biden recently signed the Social Security Fairness Act (HR 82) into law, repealing the Government Pension Offset (GPO) and Windfall Elimination Provision (WEP). This change may increase Social Security benefits for some retirees, but final determinations will be made by the Social Security Administration (SSA). Affected recipients will be notified directly by the SSA about any updates to their benefits.

The changes apply to benefits payable after December 2023. Starting the week of February 24, 2025, the SSA will begin issuing retroactive payments and increased monthly benefits to eligible individuals.

• Retroactive Payments: Eligible beneficiaries will receive a one-time payment by the end of March 2025, covering benefit increases back to January 2024.
• Monthly Benefit Adjustments: New benefit amounts will begin with the April 2025 payment (for March benefits).
• Mailed Notices: Beneficiaries will receive one or two notices from SSA explaining their updated benefits. Some may receive the retroactive payment before the notice arrives.
• Processing Time: Automated processing has expedited payments, but complex cases will require additional time for manual review.
• Inquiries: Beneficiaries are encouraged to wait until April before contacting SSA about their payments, as processing will occur throughout March.

The SSA is working diligently to implement these changes, but the process may take time due to necessary adjustments. For the most up-to-date information, visit the link and subscribe to the FAQ on the Social Security Fairness Act page.

https://www.ssa.gov/benefits/retirement/social-security-fairness-act.html