Government employers: Workplace benefits & retirement savings
Work with an experienced leader in the government market
Employee benefits and retirement savings decisions are personal. As the #1 provider in the government market,1 we’ve set out to make each employee feel understood and supported when it comes to their long-term finances — no matter how much they do (or don’t) have saved today.
We take pride in being named a top-five provider of retirement solutions2 and a leader in group supplemental health insurance.3 And it doesn’t stop there. Our programs are designed to ease day-to-day administration for you too. With our technology and attentiveness to data, you’ll get new insights into your workforce that can help with workplace benefits decision making.
High praise for our Sponsor Web platform
Voya’s Sponsor Website homepage received an “Excellent” rating from Corporate Insight, Inc. This rating is a direct result of helping plan sponsors customize their experience by improving navigation, reporting, data presentation and overall usability.
Making a difference, together
We do the right things, the right way — making real impacts throughout our communities and on the lives of our customers. Our specialized programs and culture of empathy can help elevate your workplace benefits and retirement savings offerings.
What we offer
Our configurable solutions allow government entities to build a tailored workplace benefits and retirement savings suite. Personalized, comprehensive and user-friendly all the way.
Insightful employer-focused content
News, research, tips and other helpful articles spanning health and wealth topics to keep you in the know.
Insurance products are issued by ReliaStar Life Insurance Company (Minneapolis, MN) and ReliaStar Life Insurance Company of New York (Woodbury, NY). Within the State of New York, only ReliaStar Life Insurance Company of New York is admitted, and its products issued. Both are members of the Voya® family of companies. Voya Employee Benefits is a division of both companies. Product availability and specific provisions may vary by state.
1 Based off Voya’s analysis of the full survey data provided by ISS Media in connection with the 2024 PLANSPONSOR Recordkeeping Survey. PLANSPONSOR is an ISS Media Brand. Voya ranked #1 in Total Governmental 457(b) Recordkept assets. Survey results are based on self-reported 12/31/2023 data by 34 participating companies. While companies do not pay to participate in the survey, they do pay a fee to receive the full set of data.
2 Pensions & Investments magazine, Defined Contribution Record Keepers Directory (as measured by total participants), April 2024.
3 LIMRA 2Q 2024 Workplace Supplemental Health In Force Final Report; Marketshare-Total Group Based Supp. Health.
4 As of 12/31/2024 - Internal Voya data.
5 As of 12/31/24. Full-Service client retention % determined by using plan counts.
6 Based on responses to satisfaction survey question, “Was it easy to file your claim?” individuals received after receiving payment of a Wellness benefit from January 2024 – June 2024. Number of respondents = 6,283
7 As of 12/31/2024 - Full Service + Recordkeeping
Corporate Insight, Inc. rating: In 2024, Voya Financial earned an “Excellent” rating from Corporate Insight, Inc., in their 2024 Retirement Plan Monitor – Institutional Report. The report evaluates plan recordkeepers’ sponsor website homepages and plan dashboards. The overall design and approach that firm’s use to present plan information and specific details they provide are graded using multiple criteria across three categories: approach, data metrics, and resources. The rating is based on 2023 activity and no fee was paid for consideration. In order to receive an excellent rating, firms must present clear, informative plan summary experiences, offer a comprehensive selection of data and visualizations, provide design elements with a clean layout, and key resources including a participant search tool, alerts and messages as well as abundant quick links. They also include beneficial design elements, like customization options or responsive design. Awards and/or rankings are not representative of actual client experiences or outcomes and are not indicative of any future performance.
World’s Most Ethical Companies: In March 2024, Voya Financial was one of 136 companies recognized by Ethisphere® as one of the 2024 World’s Most Ethical Companies® based on performance in 2023. The World’s Most Ethical Companies assessment is based upon Ethisphere’s Ethics Quotient® framework, which offers a quantitative way to assess a company’s performance in an objective, consistent and standardized way. The information collected provides a comprehensive sampling of definitive criteria of core competencies, rather than all aspects of corporate governance, risk, sustainability, compliance and ethics. Scores are generated in five key categories and provided to all companies that participate in the process: ethics and compliance program (35%), culture of ethics (20%), environmental and societal impact (20%), governance (20%), and third-party management (5%). There is a processing fee of $3,500 USD to participate. Voya also pays $19,500 USD a year to participate in Ethisphere’s Business Ethics Leadership Alliance (“BELA”), which provides additional resources and services to members, including benchmarking data and related Ethisphere insights and guidance. There is also a $35,000 USD licensing fee for use of the logo. “World’s Most Ethical Companies” and “Ethisphere” names and marks are registered trademarks of Ethisphere LLC.
Neither Voya® nor its affiliated companies or representatives provide tax or legal advice. Please consult a tax adviser or attorney before making a tax-related investment/insurance decision.
Products and services offered through the Voya® family of companies.