Winter 2007

NAGDCA Executive Board Slated to Visit Capitol Hill

This year, NAGDCA's Legislative Committee has begun its work by developing two specific goals for 2007:

  • Be recognized as the single voice of the public sector defined contribution community by national and state governmental entities and agencies.
  • Be called upon first by government for views, information and reactions to proposed legislation and regulations that may impact the public sector defined contribution community.

In implementing these goals, NAGDCA's first orders of business is to conduct its annual "Hill Visits". NAGDCA's Executive Board is scheduled to meet with influential leaders on Capital Hill in late February. In past years, this meeting has resulted in consultation on pension bill issues, offer and seek out clarification on recently implemented regulations, provide first hand information on the current trends within the defined contribution community, and most recently, NAGDCA worked closely with legislators to have a Resolution pass to recognize a National Save for Retirement Week. Last year, NAGDCA complete ten individual meetings while on Capital Hill ranging from representative from the Ways and Means Committee to the Department of Treasury.

As a follow-up to this year's "Hill Visits", NAGDCA will again schedule a NAGDCAST to provide a Legislative Update of these meetings and an overview of the current legislative environment in Washington. Heading up this webcast will be NAGDCA's Legislative Counsel, Susan White.

Please stay tuned for developments concerning the Legislative Update webcast and the Executive Board's visit to Washington DC. You may also check www.nagdca.org for ongoing updates.