VACo Risk Management Programs
VACo Risk Management Programs is the number one provider to counties and county related agencies for all types of insurance coverages. VACoRP and VACoGSIA are member-owned programs governed by seven member supervisory boards elected from the general membership. The primary objective is to provide rates in a manner that is equitable for all members. Participation is limited to counties, county school systems and county related agencies. The Virginia Association of Counties Self-Insurance Risk Pool (VACoRP) was created to provide property and liability insurance and risk management services. The Virginia Association of Counties Group Self-Insurance Association (VACoGSIA) was created to provide workers compensation and risk management services. www.vacoins.org Contact: Chris Carey, chris@vacoins.org.
U.S. Communities: Government Purchasing Alliance
The Virginia Association of Counties along with the Association of School Business Officials International (ASBO), the National Association of Counties (NACO), the National Institute of Governmental Purchasing (NIGP), the National League of Cities (NLC), and the United States Conference of Mayors (USCM) sponsors the U.S. Communities Government Purchasing Alliance.
The U.S. Communities program provides all local agencies in the U.S. with publicly competitively bid contracts for various products and services. Most local agencies may piggyback on a contract competitively solicited by another public agency, thereby eliminating the need to re-solicit. Through the buying power of large purchasers in the U.S. Communities program all local government agencies receive access to excellent pricing and contract terms.
For more information, visit www.uscommunities.org or send an e-mail to info@uscommunities.org.
VML/VACo Finance
VML/VACo Finance is the financial services arm of the Virginia Association of Counties (VACo) and Virginia Municipal League (VML). We provide high quality financial services at low costs, a goal achieved through cost-sharing. Since its founding, VML/VACo Finance has made over $750 million in loans to Virginia localities through its long-term, short-term, and interim financing programs. The VACo/VML Pooled OPEB Trust, created in 2008, is the now the largest pooled OPEB trust in the nation – and we’re a leading provider of OPEB actuarial services as well. The Accounting Services program provides interim finance professionals and services to local governments throughout the Commonwealth.
All of our programs are designed to benefit a wide range of localities, including counties of all sizes and credit strengths. For more information, contact Steve Mulroy at (804) 648-0635 or info@valocalfinance.org. Visit our Web site at www.valocalfinance.org. .
Nationwide Retirement Solutions
Nationwide Retirement Solutions is a pioneer in the industry as it played a vital role in the creation of IRC Section 457 three decades ago, and today is considered a market leader in providing public sector deferred compensation services. In addition, they are celebrating their 25th year of partnership with the National Association of Counties (NACo). Known in the industry as The Education Company, Nationwide specializes in educating employees on retirement and the benefits of deferred compensation. The focus on education extends to the plan sponsor as they offer a comprehensive education program that includes quarterly legislative updates, a legal staff dedicated to assisting public sector entities, and a plan sponsor handbook defining the responsibilities of a fiduciary.
Plan Highlights
Unique retirement education
Broad range of investment options from numerous investment managers
Professionally managed asset allocation funds available for various investor types
Competitive fixed interest rate
Award-winning Web site with retirement planning tools at www.nrsforu.com
Morningstar ClearFuture® investment guidance and education tool
Access to more than 50 NASD Series 6 and 63, Life, Health and Variable Annuity licensed “Reps-on Call” via toll-free phone lines during extended business hours (8am – 9pm EST)
Retirement planning specialists available to assist in developing distribution strategies
Local retirement specialists who are Registered Representatives of Nationwide Investment Services Corporation, member NASD.
Please contact Linda Barber at (614) 854-8895 or at barberl@nationwide.com, if you have any questions.
The unregistered group variable annuity (TSP-556) and group fixed annuity (TSP-557) are issued by Nationwide Life Insurance Company, Columbus, OH.
GovDeals
GovDeals is a state-of-the-art auction service that allows VACo members to conduct on-line transactions of surplus, abandoned and confiscated equipment and property via the Internet. Not only can VACo members list their items for sale immediately as they are declared surplus, but they are instantly exposed to a large group of registered buyers interested in government surplus. GovDeals now offers Flexible Pricing Options in addition to Financial Settlement Services, which allows GovDeals to collect all surplus auction proceeds electronically from buyers through PayPal, Wire Transfer and Credit Card. GovDeals also offers onsite training, ongoing help desk support, asset promotion and press release assistance to all VACo members. For more information, visit www.govdeals.com
