{"id":33391,"date":"2026-03-04T14:53:06","date_gmt":"2026-03-04T22:53:06","guid":{"rendered":"https:\/\/nshe.nevada.edu\/system-administration\/?page_id=33391"},"modified":"2026-06-18T09:29:38","modified_gmt":"2026-06-18T16:29:38","slug":"announcements","status":"publish","type":"page","link":"https:\/\/nshe.nevada.edu\/system-administration\/departments\/finance\/retirement\/announcements\/","title":{"rendered":"Announcements"},"content":{"rendered":"\n    <div id=\"contacts\" class=\"card-standard content-box default-shadow   \">\n        <div class=\"content-box-header\">\n            <div class=\"columns\">\n                <div class=\"column\">\n                    <h2>Announcement Archive<\/h2>\n                <\/div>\n            <\/div>\n        <\/div>\n        <div class=\"institution-border\">\n            <svg class=\"border-block csn\"><rect  \/><\/svg>\n            <svg class=\"border-block dri\"><rect  \/><\/svg>\n            <svg class=\"border-block gbc\"><rect  \/><\/svg>\n            <svg class=\"border-block nsc\"><rect  \/><\/svg>\n            <svg class=\"border-block tmcc\"><rect  \/><\/svg>\n            <svg class=\"border-block unlv\"><rect  \/><\/svg>\n            <svg class=\"border-block unr\"><rect  \/><\/svg>\n            <svg class=\"border-block wnc\"><rect  \/><\/svg>\n        <\/div>\n        <div class=\"content-box-body\">\n            \n<div>\n<p>We keep the main page focused on what you need right now so it doesn\u2019t 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.<\/p>\n<\/div>\n        <\/div>\n    <\/div>\n\n    \n\n\n    <div id=\"social-security-fairness-act\" class=\"card-standard content-box default-shadow   \">\n        <div class=\"content-box-header\">\n            <div class=\"columns\">\n                <div class=\"column\">\n                    <h2>GQG International Opportunities Fund \u2013 NAV Correction<\/h2>\n                <\/div>\n            <\/div>\n        <\/div>\n        <div class=\"institution-border\">\n            <svg class=\"border-block csn\"><rect  \/><\/svg>\n            <svg class=\"border-block dri\"><rect  \/><\/svg>\n            <svg class=\"border-block gbc\"><rect  \/><\/svg>\n            <svg class=\"border-block nsc\"><rect  \/><\/svg>\n            <svg class=\"border-block tmcc\"><rect  \/><\/svg>\n            <svg class=\"border-block unlv\"><rect  \/><\/svg>\n            <svg class=\"border-block unr\"><rect  \/><\/svg>\n            <svg class=\"border-block wnc\"><rect  \/><\/svg>\n        <\/div>\n        <div class=\"content-box-body\">\n            \n<div>\n<p><strong>Archived on 6\/18\/2026<\/strong><\/p>\n\n\n\n<p>The investment manager for the GQG International Opportunities Fund identified an accounting error related to certain foreign tax expenses. As a result, the fund\u2019s share price (net asset value or \u201cNAV\u201d) was overstated during a specific period.<\/p>\n\n\n\n<p><strong>Remediation Period<\/strong><br>December 5, 2023 \u2013 December 11, 2024<\/p>\n\n\n\n<p>After reviewing transactions during this period, corrections were completed on February 6, 2025. Adjustments were calculated at the individual account level.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Participants who were negatively impacted received additional shares or a cash adjustment.<\/li>\n\n\n\n<li>Participants who may have benefited were not required to return any amounts.<\/li>\n\n\n\n<li>All corrections were processed automatically \u2014 no action was required.<\/li>\n<\/ul>\n\n\n\n<p>Many participants were not affected.<\/p>\n\n\n\n<p><strong>Questions<\/strong><br>Contact TIAA Participant Services at 800-842-2252<br>Weekdays, 8:00 a.m. \u2013 10:00 p.m. (ET)<\/p>\n\n\n\n<p><strong>Additional Information<\/strong><br>More details are available on Goldman Sachs Asset Management\u2019s remediation page:<br><a href=\"https:\/\/www.goldmansachsfundremediation.com\/index.html\">https:\/\/www.goldmansachsfundremediation.com\/index.html<\/a><\/p>\n\n\n\n<p>This notice is provided for transparency regarding the completed correction process.<\/p>\n<\/div>\n        <\/div>\n    <\/div>\n\n    \n\n\n    <div id=\"social-security-fairness-act\" class=\"card-standard content-box default-shadow   \">\n        <div class=\"content-box-header\">\n            <div class=\"columns\">\n                <div class=\"column\">\n                    <h2>Update on Social Security Fairness Act (HR 82) and Impact On NSHE Employees<\/h2>\n                <\/div>\n            <\/div>\n        <\/div>\n        <div class=\"institution-border\">\n            <svg class=\"border-block csn\"><rect  \/><\/svg>\n            <svg class=\"border-block dri\"><rect  \/><\/svg>\n            <svg class=\"border-block gbc\"><rect  \/><\/svg>\n            <svg class=\"border-block nsc\"><rect  \/><\/svg>\n            <svg class=\"border-block tmcc\"><rect  \/><\/svg>\n            <svg class=\"border-block unlv\"><rect  \/><\/svg>\n            <svg class=\"border-block unr\"><rect  \/><\/svg>\n            <svg class=\"border-block wnc\"><rect  \/><\/svg>\n        <\/div>\n        <div class=\"content-box-body\">\n            \n<div>\n<p><strong>Updated 3\/3\/2025<\/strong><\/p>\n\n\n\n<p>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.<\/p>\n\n\n\n<p>The changes apply to benefits payable after December 2023. <strong>Starting the week of February 24, 2025<\/strong>, the SSA will begin issuing retroactive payments and increased monthly benefits to eligible individuals.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Retroactive Payments:<\/strong> Eligible beneficiaries will receive a one-time payment by the end of March 2025, covering benefit increases back to January 2024.<\/li>\n\n\n\n<li><strong>Monthly Benefit Adjustments:<\/strong> New benefit amounts will begin with the April 2025 payment (for March benefits).<\/li>\n\n\n\n<li><strong>Mailed Notices:<\/strong> Beneficiaries will receive one or two notices from SSA explaining their updated benefits. Some may receive the retroactive payment before the notice arrives.<\/li>\n\n\n\n<li><strong>Processing Time:<\/strong> Automated processing has expedited payments, but complex cases will require additional time for manual review.<\/li>\n\n\n\n<li><strong>Inquiries:<\/strong> Beneficiaries are encouraged to wait until April before contacting SSA about their payments, as processing will occur throughout March.<\/li>\n<\/ul>\n\n\n\n<p>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.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.ssa.gov\/benefits\/retirement\/social-security-fairness-act.html\">https:\/\/www.ssa.gov\/benefits\/retirement\/social-security-fairness-act.html<\/a><\/p>\n<\/div>\n        <\/div>\n    <\/div>\n\n    \n\n    <button onclick=\"smoothScrollToTop()\" id=\"back-to-top\" class=\"scroll-to-top invisible\">\n        <span class=\"fa-solid fa-arrow-up\"><\/span>\n        <span class=\"screen-reader-text\">Scroll to Top<\/span>\n    <\/button>\n    <script type=\"text\/javascript\" src=\"\/wp-content\/plugins\/nshe-dynamic-blocks\/scripts\/smoothScroll.js\"><\/script>\n    ","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":637,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"views\/template-1-widget-custom.blade.php","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[],"folder":[24],"class_list":["post-33391","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/nshe.nevada.edu\/system-administration\/wp-json\/wp\/v2\/pages\/33391","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nshe.nevada.edu\/system-administration\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/nshe.nevada.edu\/system-administration\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/nshe.nevada.edu\/system-administration\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nshe.nevada.edu\/system-administration\/wp-json\/wp\/v2\/comments?post=33391"}],"version-history":[{"count":2,"href":"https:\/\/nshe.nevada.edu\/system-administration\/wp-json\/wp\/v2\/pages\/33391\/revisions"}],"predecessor-version":[{"id":33950,"href":"https:\/\/nshe.nevada.edu\/system-administration\/wp-json\/wp\/v2\/pages\/33391\/revisions\/33950"}],"up":[{"embeddable":true,"href":"https:\/\/nshe.nevada.edu\/system-administration\/wp-json\/wp\/v2\/pages\/637"}],"wp:attachment":[{"href":"https:\/\/nshe.nevada.edu\/system-administration\/wp-json\/wp\/v2\/media?parent=33391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nshe.nevada.edu\/system-administration\/wp-json\/wp\/v2\/categories?post=33391"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nshe.nevada.edu\/system-administration\/wp-json\/wp\/v2\/tags?post=33391"},{"taxonomy":"folder","embeddable":true,"href":"https:\/\/nshe.nevada.edu\/system-administration\/wp-json\/wp\/v2\/folder?post=33391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}