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Nov. 07, 2016

Portico to Screen out More of the Most Egregious Fossil Fuel Companies

Thanks to an expansion of Portico’s 2017 Social Criteria List, Portico’s social purpose funds will screen out significantly more of the most egregious fossil fuel companies next year — those responsible for creating severe environmental problems and ...
Nov. 07, 2016

Portico Board of Trustees Announces 2017 Annuity Increases

Minneapolis — At its meeting in Minneapolis Nov. 3 – 4, Portico’s board of trustees was pleased to be able to approve ELCA Participating Annuity Trust increases for 2017. Annuity increases for 2017 were calculated based upon the Fu...
Aug. 22, 2016

Churchwide Assembly Calls ELCA to Further Engage on Climate Change, Justice for the Holy Land

By the close of the ELCA’s 2016 Churchwide Assembly on August 13, voting members had approved a number of memorials (proposals) calling for increased engagement on key issues for the church — including climate change and human rights abuses in the Ho...
Aug. 07, 2016

Portico Announces 2017 Rates, Cost-Saving Way to Deliver Health Benefits

Updated: Sept. 29, 2016 This article has been updated to correct a rounding error. The 2017 ELCA Medicare-Primary Standard rate has been updated from $365 to $366. Any personalized 2017 rate information shared by Portico will reflect this $366 base...
Jun. 28, 2016

What Does Brexit Mean for Me?

By Curt Fee, Chief Investment Officer How might the United Kingdom’s exit from the European Union affect Portico members? Here are answers to pressing questions that may be on your mind, and a bit of context around the dramatic headlines. Why are ...
May. 26, 2016

Our Customer Care Center Earns "Top 100" Distinction

Portico's Customer Care Center was named a 2016 "Top 100" small call center in March by BenchmarkPortal, a global leader in the contact center industry. Late in 2015, BenchmarkPortal also awarded us its prestigious "Center of Excellence" award. Both...
May. 15, 2016

myPortico Offers Seamless Access to Personal Benefit Details

Thanks to recent enhancements on myPortico, plan members can more easily manage their ELCA benefits online with a single username and password. After signing in to myPortico, members can see their personal details on the websites of Portico’s health ...
May. 05, 2016

Success: ELCA Earns 1% Discount Again!

For the second year in a row, more than 65% of eligible plan members and spouses across the ELCA took the Mayo Clinic health assessment by April 30. That means every ELCA congregation, synod office, campus ministry, conference center, camp, seminary,...
Feb. 21, 2016

Finding Confidence During Market Swings

Being in the investment market can sometimes feel like a rollercoaster ride. 2015 was a particularly turbulent year. Following record highs in May, the S&P 500 lost 6% in August, in part, due to concerns about a China-driven economic slowdown...
Jan. 10, 2016

Dismissal of Lawsuit Against Portico Appealed

On December 14, 2015, plaintiffs, Pastor David Bacon, Pastor Timothy Hepner, Ruth Dold, and Sharon Hvam, appealed the case dismissal of a purported class action lawsuit against Portico Benefit Services to the Court of Appeals of the State of Minnesot...
Jan. 10, 2016

Federal Funds Rate Increase — First Time in 9 Years

By John Treptow, Manager of Portico’s Retirement Specialist Team After much discussion over the last several years, the Federal Reserve adopted a .25 – .50% federal funds rate target, moving away from the zero-interest policy it implemen...
Nov. 22, 2015

Customer Care Center Earns Prestigious "Center of Excellence" Recognition

Portico Benefit Services is proud to announce that its Customer Care Center has been certified a 2015 "Center of Excellence" by BenchmarkPortal, a global leader in the contact center industry. This recognit...