TIAA AND SIAC PARTNER ON ADVANCING AWARENESS OF RETIREMENT INVESTING GENDER EQUITY DISPARITIES
ATLANTA, Ga. (February, 25 2022) – TIAA and the Southern Intercollegiate Athletic Conference (“SIAC”) are proud to announce a fully integrated partnership to address the gender retirement gap. In celebration of the 50th anniversary of Title IX, the initiative will focus on leveraging SIAC platforms to address gender equality. TIAA will also serve as the official title sponsor of the 2022 SIAC Basketball Tournament in Rock Hill, SC, slated to begin February 28th.
“We’re proud to celebrate the progress that has been made over the last 50 years for women in sports,” said Stephen Tisdalle, Chief Brand and Demand Generation Officer at TIAA. “But, we know there’s still a long way to go for gender equality, especially in pay and retirement. TIAA is committed to working with SIAC clients and institutions to raise awareness of this issue and help close the gender gap.”
“The data with regard to the relative retirement investment and savings disparity between women and men is sobering and concerning,” stated SIAC Commissioner Gregory Moore. “The SIAC is eager to partner with TIAA and not only highlight this gender gap, but also collaborate to help raise awareness of this disparity by specifically targeting young women with respect to the importance of retirement planning.”
The partnership provides TIAA the opportunity to share information that addresses the gender retirement gap through corporate messaging and a special ceremony during the women’s basketball tournament championship on March 5th. TIAA will also work together to activate throughout the month of March to celebrate Women’s History Month by highlighting women student-athletes and administrators for their achievements and contributions to SIAC institutions and their communities.
TIAA is a leading provider of secure retirement and outcome-focused investment solutions to millions of people and thousands of institutions. It is the #1 not-for-profit retirement market provider 1, paid more than $3.6 billion to retired clients in 2020 and has $1.4 trillion in assets under management (as of 12/31/2021).
1As of Dec. 31, 2020. Based on data in PLANSPONSOR’s 403(b) Market Survey, which published in August 2021.
2 As of December 31, 2021 assets under management across Nuveen Investments affiliates and TIAA investment management teams are $1,375 trillion.
About Southern Intercollegiate Athletic Conference (SIAC)
The SIAC is an NCAA athletic conference consisting primarily of historically black colleges and universities (“HBCUs”) headquartered in downtown Atlanta, Georgia. The SIAC includes 15 member institutions (Albany State University, Allen University, Benedict College, Central State University, Clark Atlanta University, Edward Waters University, Fort Valley State University, Kentucky State University, Lane College, LeMoyne-Owen College, Miles College, Morehouse College, Savannah State University, Spring Hill College, and Tuskegee University), which are located within a contiguous seven-state footprint (Alabama, Florida, Georgia, Kentucky, Ohio, South Carolina, and Tennessee). The SIAC sponsors seven men’s and six women’s sports and is a proud member of the NCAA Division II. For more information, visit www.thesiac.com.