Plan Sponsor Council of America Members Overwhelmingly Support Combination with American Retirement Association

Members of the Plan Sponsor Council of America (PSCA) voted to join the American Retirement Association (ARA), effective December 29, 2017.

Under terms of a combination agreement announced in November, and following the conclusion of a membership vote of both organizations, PSCA will become a division of the American Retirement Association, alongside the four other premier retirement organizations that currently comprise the American Retirement Association: the American Society of Pension Professionals & Actuaries (ASPPA), the ASPPA College of Pension Actuaries (ACOPA), the National Association of Plan Advisors (NAPA), and the National Tax-deferred Savings Association (NTSA). The American Retirement Association is currently comprised of more than 20,000 members, including business owners, service providers, recordkeepers, accountants, actuaries, and retirement plan advisors.  

“PSCA will continue to serve plan sponsors and provide the same services to members,” said Ken Raskin, Chairman of PSCA’s Board of Directors who will now, as part of the new PSCA Leadership Council, join ARA’s Board. “We will continue to perform important benchmarking research, host plan sponsor events and education, and be a voice for plan sponsors in Washington.”

“PSCA has long been a strong and effective voice on behalf of plan sponsors,” noted Brian Graff, CEO of the American Retirement Association.  “With the addition of this key constituency, the American Retirement Association truly becomes the voice of the nation’s private retirement system.”