FOR IMMEDIATE RELEASE
Lexington, KY, December 3, 2020—The National Association of Government Defined Contribution Administrators (NAGDCA) today announced that President Joshua Luskin is among four retirement industry representatives who have been invited to present testimony before the Senate Finance Subcommittee on Social Security, Pensions, and Family Policy at a hearing on the challenges to American retirement security. NAGDCA is the premier professional association for plan administrators and services providers of government-sponsored defined contribution retirement plans.
The hearing—“Investigating Challenges to American Retirement Security”—will include statements from Subcommittee Chairman Rob Portman (R-OH) and Subcommittee Ranking Member Sherrod Brown (D-OH). It convenes on Wednesday, December 9 at 10:00am EST. Live video of the hearing will be available here.
“We’re grateful to the U.S. Senate subcommittee on Social Security, Pensions, and Family Policy, and, especially, Senators Portman and Brown, for including NAGDCA President Joshua Luskin among those providing testimony at this hearing and the opportunity it provides to share NAGDCA’s ideas on how to improve the current system,” stated NAGDCA Executive Director Matt Petersen. “We hope this hearing—and the testimony included in the legislative record—helps build momentum for new bipartisan retirement legislation in the 117th Congress.”
In addition to NAGDCA President Joshua Luskin, those providing testimony at the hearing are:
- Scott Barr, Financial Advisor – Edward Jones
- Michael P. Kreps, Principal – Groom Law Group
- Eric Stevenson, President, Retirement Plans – Nationwide
“The National Association of Government Defined Contribution Administrators is committed to supporting the efforts of public sector employers to enable the financial wellbeing of their employees. We applaud the efforts of the Senate for its focused attention on retirement security, an issue of ever-increasing importance to Americans and our nation’s economic health, and for its ongoing support of National Retirement Security Month, the NAGDCA-conceived effort to encourage saving adequately for retirement,” Matt concluded.
NAGDCA provides education, information, and training in all aspects of public plan administration to support members in creating plans that enable secure retirement outcomes for their participants. To encourage a grassroots movement for societal change around retirement, NAGDCA conceived and introduced National Retirement Security Week to Congress. Resolution for the creation of National Retirement Security Week—now National Retirement Security Month—was passed by the Senate in 2006 and annually receives unanimous bipartisan resolution supporting its goals and ideals. To learn more about NAGDCA, visit https://www.nagdca.org/.
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Robin Schoen Public Relations