Join members of NAGDCA’s Legislative Committee and attorneys from Groom Law Group, the association’s legislative affairs firm, for a discussion around SECURE 2.0 challenges, opportunities, and the latest implementation guidance as well as current and future federal legislative and regulatory priorities.
Public sector defined contribution plan sponsors face unique challenges when trying to reach and inform the many individuals within their diverse workforces. Financial literacy, plan complexities, and wide-ranging audiences all must be considered when developing a communication strategy. Learn about two state plans and the communication tactics they’re employing to reach their participants. The panel will also share tips for simplifying messaging and utilizing plan enhancements to address retention challenges.
In 2022, a fee task force, consisting of plan sponsors and industry members, was established to help public plan sponsors understand the various ways fees can be assessed to the defined contribution plan(s), participants, and investment options. The goal was to provide transparency into fee structures, revenue drivers, and costs associated with the products and services utilized by sponsors to help provide education, investment options, and administration of their retirement programs offered to plan participants. The panel will discuss the evolution of fee evaluation by NAGDCA over time, collateral material created, and an analysis of potential cost drivers to help understand the nuances of fees associated with public plans.
Given the sharp rise in interest rates over the past year, many plan sponsors are reevaluating their investment options in today's market. Join the panel for a discussion on the uncertainties in retirement investing and how plan sponsors can best help participants on their investment journey. Learn about current investment structure trends, tips for ensuring your selected options meet the needs of your participant base, and drawdown strategies to help participants manage spending in retirement.
As participant needs from their deferred compensation plan change, the technological capabilities of the recordkeepers in the marketplace have been evolving rapidly. This panel will provide an overview of the best practices that governmental plan sponsors can implement to generate the best possible outcome from their request for proposal (RFP). Learn about the real-world recent experiences that our panelists have witnessed recently and how these can help you in your own RFP.
Presented by the City of Anaheim and the County of Los Angeles.
Learn about the key features of three university plans and the unique challenges they face such as multiple employers, diversity of participants, and a variety of plan designs. The panel will discuss plan governance structures, investment options, participant engagement, and provide lessons learned that can be applied to all public sector DC plans.
Presented by Chicago Public Schools and the City of Seattle.
Will the recession ever hit? Are more banking failures possible? What can we expect in the year ahead? Explore the current market conditions and learn what’s expected in both the short- and long-term economic forecast. The panel will address the latest around interest rates, inflation, and the dichotomy of fixed income and equity. Learn how all this and more can impact plan sponsors and participants and leave with tips for helping employees focus on the long-term investment journey.
Successful governance of public sector retirement plans is the foundation of providing participants with retirement options that best meet their needs. Join us for this new Sunday session exploring the important roles of staff, Board, and committee members and best practices for building strong relationships among all parties. The panel will address education on responsibilities of staff versus Board , review steps for developing successful plan operations, discuss common governance challenges, and provide practical tips for enhancing diversity, equity, and inclusion within organizations.