NAGDCA Celebrates National Save for Retirement Week, October 16-22, 2011

October 17, 2011

(Lexington, KY) – The National Association of Government Defined Contribution Administrators, Inc. (NAGDCA) is celebrating National Save for Retirement Week this week, October 16-22. NAGDCA has received support from Congress through a formal Resolution that passed the Senate (S. Res 266). This congressionally endorsed, national event formally calls on employers to promote the benefits of saving for retirement, and to encourage their employees to take full advantage of employer-sponsored plans. This week NAGDCA members across the United States are holding retirement fairs/seminars, sending out educational flyers, and providing key information to employees as they evaluate their financial situation and their plans for retirement.

“NAGDCA is pleased to have the support of the Senate on the National Save for Retirement Week Resolution since 2006 as well as the support from many other organizations that are joining us this week as we work to educate and urge employees-both public and private-to increase their savings for retirement. The NAGDCA membership is dedicated to helping plan participants meet their financial needs not only today but in retirement,” stated Julia Durand, NAGDCA President.

Please visit www.nagdca.org to follow developing news on National Save for Retirement Week.

NAGDCA is the country's leading organization of defined contribution retirement plan administrators and financial service providers. It represents nearly every state deferred compensation plan, as well as numerous other governmental and public sector defined contribution plans, and over 150 companies in the financial services industry. Its mission is to focus on retirement planning for public sector employees participating in 457(b), 403(b), 401(a) and 401(k) retirement plans.