|
Features |
Benefits |
|
Reduced Hospital Liability |
The hospital's fiduciary exposure risk is reduced as its retirement plan management responsibilities and liabilities are transferred from the hospital's staff and Board of Directors to the THA Retirement Plan. |
|
Oversight Management |
The THA Board of Trustees appoint CEOs and executives of participating hospitals to oversee the operation of the THA Retirement Plan. This ensures good management and fiscal responsibility. |
|
Exclusive Benefit |
Since 1969, the THA Retirement Plan has provided retirement benefits solely for Texas hospitals and health care organizations and currently serves more than 12,000 active and retired hospital employees. |
|
Investment Performance |
Superior long-term performance is achieved by taking prudent risks and careful adherence to investment policies and objectives. |
|
Pooled Investments |
The large asset base attracts high-quality investment talent at reduced costs that are shared by all participants in the THA Retirement Plan. |
|
Common Administration |
Bulk purchasing of external services for common operational needs results in lower costs for all participants. |
|
Customized Control |
Each retirement plan is individually designed to meet the special needs of the hospital and its employees. |
|
Diversified Investments |
Volatility and risk is reduced through broad participation in different types of investments which provides stability during unfavorable economic conditions. |
|
Security |
Retirement assets are held in a master trust protected from creditors and for the sole benefit of the participating hospital's employees. |
|
Comprehensive Services |
Periodic reviews are conducted with each participating hospital to insure that investment, administrative and regulatory needs are fully met. |
