Retirement Committee DCRP
Purpose
Loyola University Chicago's Retirement Investment Committee (the "Committee") is appointed by the President on recommendation by the Plan Administrator of the University's Defined Contribution Retirement Plan ("DCRP"), a 403(b) retirement plan (the "Plan"). To the extent delegated by the Plan Administrator, the Committee shall have the power and authority under the Plan to monitor and oversee the Plan investment options and investment functions of the Investment Provider.
Meeting Schedule
Meetings of the Committee may be held: (a) without notice at such times and places as shall from time to time be fixed by action of the Committee, but at least four (4) times per Plan Year; or (b) upon five (5) days written notice to each member given by the Committee Chairperson or the designated Human Resources contact at such times and places as specified in the notice. If circumstances require immediate action by the Committee, as determined by the Chairperson or the designated Human Resources contact, a special meeting of the Committee may be held at such times and places specified in the notice provided to each member.
