AimPoint Pension
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Compass
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Regional Vice President of Sales The Retirement Plan Company
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Bates & Company, Inc.
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Loan & Distribution Specialist AimPoint Pension
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Cybersecurity: Are Public Sector DC Plans at Risk?
National Association of Government Defined Contribution Administrators [NAGDCA] June 28, 2017 "One major challenge faced by many public sector defined contribution plan sponsors is internal, sometimes antiquated, IT systems ... and the heavy reliance on third party data recordkeeping systems.... [T]here is no comprehensive federal regulatory scheme that governs cybersecurity for retirement plans and their associated service providers.... [W]hile governmental defined contribution plans are not subject to [ERISA], the ERISA fiduciary and the DOL's cybersecurity rules can serve as best practices for governmental defined contribution plan sponsors." |
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