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The Tennessee Valley Authority is a government-owned corporation created by U.S. Code Title 16, Chapter 12A, the Tennessee Valley Authority Act of 1933.It was initially founded as an agency to provide general economic development to the region through power generation, flood control, navigation assistance, fertilizer manufacturing, and agricultural development.
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In a study of 335 statewide retirement plans, Equable Institute found that 74.1% of pension plans in the US served this group of workers well. The same study found that workers with tenures of 10-25 years of service were served well by 10.9% of plans. Workers with less than 10 years of service were served well by .5% of plans. [18]
2,500 [2] (2024): Divisions: American United Life Insurance Company · State Life Insurance Company · OneAmerica Retirement Services, LLC · McCready and Keene, Inc. · OneAmerica Securities, Inc. · Pioneer Mutual Life Insurance Company · OneAmerica Asset Management, LLC · AUL Reinsurance Management Services, LLC
Other Ascensus retirement services include individual 401(k), business 401(k), MEP 401(k), PEP 401(k), defined benefit plans, SEP IRA, profit-sharing, and non-qualified deferred compensation programs.
He next served the Tennessee Valley Authority (TVA) for six years before announcing plans to retire, in November 2018, amid some controversy. [11] At their February 2019 meeting, the TVA board of directors announced their selection of Jeffrey Lyash [12] to replace Johnson, effective April 2019. Lyash came to TVA from Ontario Power Generation ...