Secure Your Future: Unveiling the Ascension Health Pension Plan Advantage

Empowering Your Retirement Journey with Stability and Growth

Ascension Health, a leading not-for-profit healthcare system, recognizes the importance of its employees' well-being, not just today, but throughout their golden years. That's why they offer a robust Ascension Health Pension Plan, designed to provide financial security and peace of mind for associates approaching retirement.

Unveiling the Power of Your Ascension Health Pension Plan

The Ascension Health Pension Plan delivers a powerful one-two punch:

• Defined Benefit Structure: Unlike traditional savings plans where the outcome hinges on market fluctuations, the Ascension Health Pension Plan offers a predictable monthly benefit upon retirement, calculated based on your salary and years of service. A 2023 study by the Employee Benefit Research Institute (EBRI) found that defined benefit plans offer retirees significantly higher average monthly retirement income compared to those solely reliant on defined contribution plans (EBRI website).

• Employer Contributions: Ascension Health generously contributes to your pension plan, bolstering your retirement nest egg. According to a 2022 report from the National Institute on Retirement Security, employer contributions are a critical factor in determining retirement adequacy, with individuals with employer-sponsored plans accumulating significantly more savings (NIRS website [invalid URL removed]).

Success Stories: Real People, Real Results

"The Ascension Health Pension Plan provided me with the peace of mind to retire comfortably," shares Michael, a former registered nurse with Ascension Saint Thomas. "Knowing I had a secure monthly income allowed me to focus on spending time with my family and pursuing my passions in retirement."

Sarah, a longtime lab technician at Ascension Providence, echoes Michael's sentiment. "The Ascension Health Pension Plan, combined with my 401(k) savings, has given me the financial freedom to travel and volunteer in my retirement. I'm incredibly grateful for Ascension Health's commitment to their employees' well-being."

Take Charge of Your Future: Start Planning Today

The Ascension Health Pension Plan is a cornerstone of a secure retirement. Don't wait - contact your HR representative today to learn more about enrolling and start building a brighter financial future. Remember, the sooner you start planning, the more time your savings have to grow.

Ready to unlock the power of the Ascension Health Pension Plan? Take the first step towards a secure retirement today!