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News Archive
DOL Moves Forward on Benefit Statement Lifetime Income Estimates
On May 8, the Department of Labor published an Advance Notice of Proposed Rulemaking (ANPRM) that announced its intention to pursue a new rule that will require defined contribution plan benefit statements to convert a participant's current accrued benefit to an estimated lifetime income stream at retirement. The DOL also published a Fact Sheet... Read More >>
PSCA Offers Free Membership to FRONTLINE Producer Martin Smith
PSCA responds to the April 23, 2013, episode of the PBS show FRONTLINE, "The Retirement Gamble." Read More >>
Coalition to Protect Retirement Strongly Supports Sense of the Congress Resolution on Retirement Savings
Washington, D.C. (December 6, 2012) — The Coalition to Protect Retirement strongly supports the introduction of the Sense of the Congress resolution which calls for maintaining the current incentives for retirement savings. Sens. Richard Blumenthal (D-Conn.) and Johnny Isakson (R-Ga.), joined by nine of their Senate colleagues, introduced the... Read More >>
Presidents Budget Is Bad News for Retirement Security
Chicago (April 10, 2013) – President Obama’s just-released budget proposal contains several provisions that make it more difficult for American workers to save for retirement – and for business owners to offer plans to their workers – according to the Plan Sponsor Council of America (PSCA). Read the full press release. Read More >>
PSCA Announces 2013 Public Policy Fly-In Agenda
PSCA’s Public Policy Fly-In is a unique one-day interactive event that covers everything happening in Washington. PSCA’s Public Policy Fly-In provides an intimate setting to hear from key policymakers in Congress, the Departments of Treasury and Labor, and the Internal Revenue Service. All sessions include ample time for you to talk directly to... Read More >>
PSCA endorses SEAL Act that helps former employees with outstanding loans.
Resources and information about the SEAL Act of 2013: The SEAL Act of 2013 The Senate SEAL Act Letter Read More >>
PSCA Comments to the Working Group on Pensions and Retirement Committee on Ways & Means
View the comment letter. Read More >>
How America Saves
PSCA has joined with other like-minded organizations to form the Coalition to Protect Retirement. The Coalition to Protect Retirement created HowAmericaSaves.com, a website created to keep you informed about legislation that could impact your retirement security and provide tools that help you make your views known to elected officials. It... Read More >>
DOL Issues Tips for Selecting Target Date Funds
On February 28, the Department of Labor issued Tips for ERISA Plan Fiduciaries in selecting target date funds. These tips are an example of “soft guidance.” While helpful, it is difficult to know how rigidly to follow the DOL’s suggestions. In addition, we don’t have the benefit of a full explanation of the DOL’s thought process behind the... Read More >>
403(b) Plan Survey to Benchmark Trends and Best Practices
Millions of people save for retirement in 403(b) plans sponsored by non-profit organizations and public schools, colleges and universities. Those plan sponsors continue to grapple with dramatic regulatory change against a backdrop of a slowly recovering economy. To bring these organizations essential information on how others are managing their... Read More >>