Episode features PGIM’s Josh Cohen discussing how public sector DC plan sponsors can navigate market volatility

FOR IMMEDIATE RELEASE

Lexington, KY, April 22, 2025—The National Association of Government Defined Contribution Administrators today announced the availability of Managing Uncertainty in DC Plans, the latest episode in the NAGDCA Connect Virtual Engagement and Learning Series. NAGDCA is the premier professional association for plan administrators and services providers of government-sponsored defined contribution retirement plans.

Connect is a series of recorded conversations between NAGDCA Executive Director Matt Petersen and thought leaders from the public DC plan industry. The goal of the Connect Conversations, as described by Matt, is to help solve the most fundamental problem of these plans: What public employees need from their DC plans. Managing Uncertainty in DC Plans features thought leader Josh Cohen, Managing Director, Head of Client Solutions for PGIM DC Solutions.

“We’re living in a time of profound economic uncertainty, which is—as daily news reports attest—resulting in severe volatility in the financial markets. For many, this is the most extreme market volatility they’ve experienced. The goal of this month’s NAGDCA Connect Conversation—the fourth in the NAGDCA Connect series—is to explore how public sector DC plan sponsors can best manage their plans through the continuing uncertainty roiling the financial markets. Our goal, as ever, is to advance understanding and tactics to optimize public DC plan performance, and best ensure meaningful outcomes for public sector employees,” Matt concluded.

The topics covered in Managing Uncertainty in DC Plans include:

  • how global events are impacting markets—and what that means for public DC plan sponsors
  • how to reassess diversification, risk levels, and investment menus
  • the growing importance of personalization and participant-level advice
  • how to use this time to refocus long-term strategy

 Additional resources on stable value may be found here:

In addition to Managing Uncertainty in DC Plans, the NAGDCA Connect series, begun in January, includes:

  • Understanding Stable Value in Public DC Plans with Mike Norman, President Galliard Capital
  • Understanding Asset Allocation with Justin Harvey, Head of Analysis for Multi-Asset Solutions at T. Rowe Price
  • Industry Trends and Solutions for Public Sector DC Plans with David Levine, Principal, Groom Law Group

All four Conversations comprising the NAGDCA Connect series to date may be accessed here.

ABOUT NAGDCA
NAGDCA is the premier professional association for plan administrators and services providers of government-sponsored defined contribution retirement plans. NAGDCA members include 270 plan sponsors representing 15,000 governments in 49 states. Participants come from every level of state, territorial, and local government, including counties, cities, public safety agencies, school districts, transportation, and utilities. NAGDCA’s members administer governmental deferred compensation and defined contribution plans, including Section 457(b), 401(k), 401(a), and 403(b) plans. To learn more about NAGDCA, visit https://www.nagdca.org/.

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