Empower gives $100,000 to support pandemic relief efforts in India

Empower gives $100,000 to support pandemic relief efforts in India

graphic - multi-colored hands coming together

GREENWOOD VILLAGE, Colo., May 3, 2021 — Empower Retirement is announcing a donation of $100,000 to support relief efforts in India for those affected by an intense COVID-19 outbreak in the South Asian country.

Empower will make donations to the Red Cross which through its Indian operations has been providing ambulance services, first aid, medical care and oxygen to some of the sickest people. Indian Red Cross branches across the country are also supporting the vaccination campaign, including providing vaccinations and running vaccine awareness campaigns, as well as offering Red Cross clinics and medical facilities as vaccination centers.

"The situation in India requires the world’s attention and we must do everything we can to help with relief efforts,” said Empower Retirement President and CEO Edmund F. Murphy III. “Our donation will go to support relief efforts and help those with the most immediate needs. We will continue to keep our thoughts and prayers focused on those who are suffering.”

Empower has operations in Bangalore, India with more than 1,400 associates based there, who provide operations and technology support to the organization in North America.

In addition, through the company’s Associates Community Together (ACT) program, Empower is encouraging its associates to make financial donations to the Red Cross.

Empower launched its ACT program in 2016 to support the volunteer and giving efforts of its associates. Through the program, associates are provided 16 hours a year of paid volunteer time off from work. Empower also matches money donated to nonprofit organizations by associates of up to $5,000 annually.

“Our associates are asking how they can help their colleagues and friends in India,” said Murphy. “Our ACT program is designed to amplify our employees’ commitments to their communities by matching their contributions.

“We hope our combined effort can help those hit hardest during in India this uncertain and daunting time,” he said.

About Empower Retirement

Headquartered in metro Denver, Empower Retirement administers approximately $1 trillion in assetsfor more than 12 million1,2 retirement plan participants as of Jan. 31, 2021. It is the nation’s second-largest retirement plan recordkeeper by total participants.3 Empower serves all segments of the employer-sponsored retirement plan market: government 457 plans; small, midsize and large corporate 401(k) clients; non-profit 403 (b) entities; private-label recordkeeping clients; and IRA customers. Personal Capital, a subsidiary of Empower Retirement, is an industry-leading hybrid wealth manager. For more information please visit empower-retirement.com and connect with us on Facebook, Twitter, LinkedIn and Instagram.

Media Contacts:

Empower Retirement:

Stephen Gawlik, Stephen.Gawlik@empower-retirement.com, 617-417-4408

Monica Mendoza, Monica.Mendoza@empower-retirement.com, 719-373-2460