Press Release  
FOR IMMEDIATE RELEASE August 21, 2006

CONTACT: Tracy Tucker
Phone: (859) 514-9210
Fax: (859) 514-9188
E-mail: info@nagdca.org


NAGDCA ANNOUNCES ARTHUR N. CAPLE SCHOLARSHIP RECIPIENT

Lexington, KY - The National Association of Government Defined Contribution Administrators (NAGDCA) has announced Jarred Pickens, a student majoring in Personal Financial Planning at Texas Tech University, as the recipient of the inaugural Arthur N. Caple Scholarship. He will be presented with the award at the 2006 NAGDCA Annual Conference, September 23-27 in Kansas City, MO.

NAGDCA, in partnership with the International Foundation for Retirement Education (InFRE), developed the criteria for the scholarship. To be considered, applicants must be enrolled as a full-time student at a university or college, be a junior or senior, be enrolled to continue university studies for the following semester, and be a U.S. citizen.

Pickens was selected by the NAGDCA Executive Committee based on his demonstrated knowledge on retirement planning and commitment to the industry. Pickens will receive tuition to pursue his designation as a Certified Retirement Counselor CRC®, $1,000 to be used toward educational expenses for the upcoming school year, and all-expense paid travel to the 2006 NAGDCA Annual Conference.

The scholarship commemorates the lifework of Arthur N. Caple, former Executive Director of the State of Maryland Supplemental Retirement Plans and NAGDCA Past President, who passed away two years ago.

"Art was an advocate for retirement programs that provided financial stability for state and local government employees - his life was about serving others," said Della Williamson, NAGDCA President. "He gave much of his time and talent to NAGDCA and he would be pleased that the association is investing in the future by providing this scholarship."

For additional information about the scholarship please visit the NAGDCA website at www.nagdca.org.

NAGDCA's mission is to unite representatives from state and local governments along with private sector organizations that service and support governmental defined contribution plans. NAGDCA provides an environment to foster growth in professional development of its members through networking with peers, educational opportunities and information sharing that includes comprehensive publications, reports and surveys. NAGDCA will promote and support federal legislative initiatives for the advancement of retirement plans.

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