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11/15/2017

Plan Sponsor Council of America Joins American Retirement Association

November 15, 2017

The Plan Sponsor Council of America (PSCA) will join the American Retirement Association (ARA), under the terms of a combination agreement signed by the Board of Directors of both organizations.

Effective Dec. 29, 2017, PSCA will become a membership 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, attorneys, accountants, actuaries, and retirement plan advisors. 

“PSCA has served plan sponsors since 1947, and that isn’t changing,” said Ken Raskin, Chairman of PSCA’s Board of Directors. “We will continue to provide the same services to members and to be a voice for plan sponsors in Washington. Joining forces significantly improves our ability to elevate important retirement industry issues and better serve our members.”For PSCA, the move represents an opportunity to offer its members access to an expanded array of resources and educational services, while at the same time amplifying the long-standing independent voice of the plan sponsor alongside a wide array of retirement plan industry professions. For the American Retirement Association, the addition of PSCA adds the important voice of plan sponsors and strengthens the organization’s ability to advocate for the private, voluntary retirement system.  

“Throughout its half-century history, our associations have evolved along with America’s retirement system,” 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.”

“By joining the American Retirement Association, PSCA can offer greater value to our members and will benefit from significant synergies, added resources, and operational efficiencies,” said Jack Towarnicky, Executive Director of PSCA. “PSCA will remain the independent voice of the plan sponsor and will continue to complete important research and sponsor industry events that serve the plan sponsor community.”