In 2008, The Independent Benefits Council (IBC) created The Model Plan to establish
a new standard of quality, and offer top-value supplemental retirement investment
products for public school employees across Florida.
It is with sadness that we announce the closure of The Model Plan effective June 30,
2024. The reason is simple — changes in the marketplace made our grouping of
preferred products unsustainable.
What Does This Mean for You and Your School District Employees
This decision will not affect your current relationship with The Model Plan companies
or the supplemental retirement investment products purchased by school district
employees.
We strongly encourage you to continue doing business with the select companies
we vetted and approved to participate in The Model Plan. The gains we made with
them are embedded in the plans they created for you.
Who Should I Contact with Questions
The Model Plan Providers will communicate with the School Districts and school
employees directly.
If you have any questions related to the closure of The Model Plan, please contact me
directly via email at bobcerra@comcast.net.
Many Thanks!
On behalf of the IBC, I want to thank you and your School District staff and
Employees for trusting us over the years. We aren’t going away and will still work on
employee benefits issues.
The IBC also wants to thank The Model Plan companies for going above and beyond
to ensure public school employees receive the best retirement options in the
marketplace. They will continue to do so.
Sincerely,
Bob Cerra,
Executive Director
The Independent Benefits Council
