Investment Options
Default Investment Option
If you do not make a decision on how the contributions to your Plan Account will be invested, you will be enrolled automatically into a designated Qualified Default Investment Alternative (“QDIA”). The State Street Non-Lending Series Target Retirement Fund Class P is the Plan’s Designated default investment option for all defaulted contributions and existing balances, including frozen contributions. The particular Target Retirement Fund used as the default investment option for a particular individual is selected based on the date an individual will (based on the Plan’s records) turn age 65 as outlined in the chart below.
Prior to April 1, 2025
Date of Birth |
Fund Name |
Retirement Date Range |
On or before 12/31/1952 |
State Street Target Retirement Income Fund Non-Lending Series Fund Class P |
2017 and before |
1/1/1953 – 12/31/1957 |
State Street Target Retirement Fund 2020 Non-Lending Series Fund Class P |
2018 – 2022 |
1/1/1958 – 12/31/1962 |
State Street Target Retirement Fund 2025 Non-Lending Series Fund Class P |
2023 – 2027 |
1/1/1963 – 12/31/1967 |
State Street Target Retirement Fund 2030 Non-Lending Series Fund Class P |
2028 – 2032 |
1/1/1968 – 12/31/1972 |
State Street Target Retirement Fund 2035 Non-Lending Series Fund Class P |
2033 – 2037 |
1/1/1973 – 12/31/1977 |
State Street Target Retirement Fund 2040 Non-Lending Series Fund Class P |
2038 – 2042 |
1/1/1978 – 12/31/1982 |
State Street Target Retirement Fund 2045 Non-Lending Series Fund Class P |
2043 – 2047 |
1/1/1983 – 12/31/1987 |
State Street Target Retirement Fund 2050 Non-Lending Series Fund Class P |
2048 – 2052 |
1/1/1988 – 12/31/1992 |
State Street Target Retirement Fund 2055 Non-Lending Series Fund Class P |
2053 – 2057 |
1/1/1993 – 12/31/1997 |
State Street Target Retirement Fund 2060 Non-Lending Series Fund Class P |
2058 – 2062 |
1/1/1998 or later |
State Street Target Retirement Fund 2065 Non-Lending Series Fund Class P |
2063 and later |
On or After April 1, 2025
Date of Birth |
Fund Name |
Retirement Date Range |
1957 and before |
State Street Target Retirement Fund* Non-Lending Series Fund Class P |
2022 and before |
1958 – 1962 |
State Street Target Retirement 2025 Non-Lending Series Fund Class P |
2023 – 2027 |
1963 – 1967 |
State Street Target Retirement 2030 Non-Lending Series Fund Class P |
2028 – 2032 |
1968 – 1972 |
State Street Target Retirement 2035 Non-Lending Series Fund Class P |
2033 – 2037 |
1973 – 1977 |
State Street Target Retirement 2040 Non-Lending Series Fund Class P |
2038 – 2042 |
1978 – 1982 |
State Street Target Retirement 2045 Non-Lending Series Fund Class P |
2043 – 2047 |
1983 – 1987 |
State Street Target Retirement 2050 Non-Lending Series Fund Class P |
2048 – 2052 |
1988 – 1992 |
State Street Target Retirement 2055 Non-Lending Series Fund Class P |
2053 – 2057 |
1993 – 1997 |
State Street Target Retirement 2060 Non-Lending Series Fund Class P |
2058 – 2062 |
1998 – 2002 |
State Street Target Retirement 2065 Non-Lending Series Fund Class P |
2063 – 2067 |
2003 and later |
State Street Target Retirement 2070 Non-Lending Series Fund Class P |
2068 and later |
* Formerly known as the State Street Target Retirement Income Fund
The Target Retirement Funds are each described online at www.netbenefits.com.