PSCA Launches Retirement Income Education Program

The Plan Sponsor Council of America (PSCA) has created an online education program that provides a thorough overview of retirement income options. 

“We have been hearing from members for a while that they are interested in providing some type of retirement income solution to employees, but there is a lot of uncertainty about the types of options available, and the regulatory guidelines involved,” said Will Hansen, PSCA’s executive director. “We created this program to meet this need and provide plan sponsors with a comprehensive look at the options available and the regulatory framework guiding them.”

The Retirement Income for Plan Sponsors certificate is a two-hour online program that provides information about different types of retirement income solutions, the risks involved, and the trade-offs of each option. In addition, the course distinguishes between settlor and fiduciary responsibilities in evaluating plan design, providing a framework for the prudent selection, monitoring, and replacement of retirement income solutions. By the end of the course, plan sponsors will be well-prepared to select and manage retirement income solutions that align with participant needs and regulatory requirements.

The program will be made available free to PSCA members (nonmembers can take the course for a fee). More information about the Retirement Income Certificate is available at https://www.psca.org/ric.