The world of public sector defined contribution is rapidly changing. NAGDCA is your trusted source for the industry’s most current news, events, and information. Stay up-to-date on the latest news including our Updates from Washington, NAGDCA Announcements, and informative articles written for and by NAGDCA members. Click below to submit an article to be included in the quarterly newsletter, The NAGDCA News.
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On March 27, the House of Representatives passed the third piece of emergency legislation Congress has developed in response to the novel coronavirus. The Senate cleared the bill, the Coronavirus Aid, Relief, and Economic Security Act, or “CARES Act,” on March 25. The CARES Act includes provisions intended to provide [...]
As Congress works to prepare a massive economic stimulus package in response to the coronavirus, NAGDCA joined 24 other organizations representing plan sponsors and service providers to retirement plans, in urging Congress to provide emergency relief to plan participants and retirees affected by the pandemic. The Mar. 20 letter included proposals [...]
NAGDCA Exhorts Congress to Provide Relief to Retirement Plans and Participants in the Wake of COVID-19 Pandemic Economic Crisis
FOR IMMEDIATE RELEASE – March 20, 2020 Lexington, KY—The National Association of Government Defined Contribution Administrators (NAGDCA) today called upon Congress to provide relief to retirement plan participants, retirees, and plan sponsors in response to the COVID-19 pandemic-fueled economic emergency. NAGDCA is the premier professional association for plan administrators and [...]
Greetings fellow NAGDCA members! We will not take much of your time. We need your help once again! Can you help us identify Plans that are innovative, creative and successful when it comes to achieving retirement security for their public sector participants? Plans of all sizes, [...]
Out of growing concern related to COVID-19, the Industry Roundtable Meeting in Washington, D.C. scheduled for April 30 – May 1 has been CANCELLED. As you know, the outbreak of COVID-19 is now a pandemic and has continued to evolve and change rapidly over the last several weeks. NAGDCA leadership [...]
On Thursday, Mar. 12, Rep. Jimmy Panetta (D-Calif.) introduced the Public Service Retirement Fairness Act of 2020. If enacted, the legislation would enable the use of collective investment trusts by 403(b) plans to use collective investment trusts (CITs). This will provide public school employees and other governmental 403(b) plan participants [...]