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NAGDCA Continues Partnership with Financial Literacy and Education Commission on Financial Literacy Website Last year, NAGDCA partnered with the Financial Literacy and Education Commission to develop a financial literacy website. The website, hosted by NAGDCA, serves as a database where information can be posted on the large variety of programs and services offered to help individuals better manage their personal finances. Through its search engine and browsing links, the website helps all individuals looking for personal financial information. NAGDCA members can add information to the database by using their NAGDCA website members only password. Please visit the web site at www.flecnationalnetwork.org. We encourage you to submit your information. NAGDCA participates in quarterly meetings with the Commission to provide updates on the financial literacy database and to learn about other financial literacy programs going on around the country. Here are a few you may be interested in.
Private Sector Defined Contribution Leaders Meet
The National Association of Government Defined Contribution Administrators, Inc. (NAGDCA) held a special roundtable meeting for Industry members in Washington, D.C. The members gathered to hear from federal policy makers regarding legislative and regulatory developments that affect the defined contribution programs of state and local governments; as well as to discuss the legislative issues affecting the industry. "Because of the important role the private sector plays in the defined contribution industry, it is important to bring legislative and operational leaders together to discuss and make recommendations on common issues," said Mindy Harris, NAGDCA President. Topics addressed included a remedial period for 403(b) regulation compliance, overall 403(b) issues, GASB/OPEB and Retiree Healthcare Accounting Standards, the "DB-izing" of DC plans, the ongoing issue of fee disclosure and SEC developments as they relate to defined contribution plans. NAGDCA Industry President, Tim Rouse, states "The intent of the Roundtable was to provide a forum for Industry members to discuss debate and find common ground on administrative and legislative issues of importance. This is the fourth Roundtable for NAGDCA Industry members and it continues to prove itself as a valuable forum for the defined contribution community at large." This forum continues to be a successful and highly educational event. All attendees were asked to complete an evaluation of the event and 100% of respondents stated that they would definitely attend again.
NAGDCA Exhibits at the 2008 National Conference on Public Employee Retirement Systems and the Government Finance Officers’ AssociationLast year, the NAGDCA Executive Board decided that the organization would seek alternative ways of gaining exposure. One initiative was to begin exhibiting at related organizations’ conferences. The first conference that NAGDCA exhibited at was the 2007 Government Finance Officers’ Association’s Annual Conference. This year NAGDCA has opted to exhibit at three additional conferences. These three conferences were recommended by the Membership Committee and are as follows: NCPERS (National Conference on Public Employee Retirement Systems), GFOA (Government Finance Officers’ Association), and ASBO (Association of School Business Officials). For 2008 NAGDCA has already exhibited at two of the above conferences, NCPERS and GFOA. With this additional exposure NAGDCA is looking to increase membership in the local government sector as well as the 403(b) sector. We are currently running a special introductory membership rate of $300 and registration to the 2008 Annual Conference at $200 for first time members. If you are aware of any local government or 403(b) plan administrators that are not yet a member of NAGDCA, please let them know about this special offer. You can direct them to Robert T. Hansel (859-514-9161) if they have any questions.
MARK YOUR CALENDARNational Save for Retirement Week Webcast August 26, 2008, 1:00 pm ET
Watch for registration to open soon! NAGDCA 2008 Annual Conference National Save for Retirement Week |
