|CHICAGO, IL and ARLINGTON, VA, (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.”
About the American Retirement Association
The American Retirement Association, based in the Washington, D.C. area, is a non-profit professional organization established to empower retirement plan professionals who are dedicated to building a better retirement for Americans. The American Retirement Association is comprised of four premier retirement industry associations: 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). For more information, visit www.usaretirement.org.
About the Plan Sponsor Council of America
The Plan Sponsor Council of America is a diverse, collaborative community of employee benefit plan sponsors, working together on behalf of millions of employees to solve real problems, create positive change and expand on the success of America’s voluntary, employer-sponsored retirement system. With members representing employers of all sizes, PSCA offers a forum for comprehensive dialogue. By sharing our collective knowledge and experience as plan sponsors, PSCA also serves as a resource to policymakers, the media and other stakeholders as part of its commitment to improving retirement security for millions of Americans. For more information, visit www.psca.org.