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Retirement Committees — Lost Without TRCE
                                                                 
 
TRCE | Retirement Committees — Lost Without TRCE


DOL Fiduciary Rule Heightens Need
for Retirement Committee Education
The demand for education by 401(k) and 403(b) plan sponsors is growing exponentially — accelerated by concerns about fiduciary liability, growing DOL and IRS scrutiny, the rash of lawsuits and retirement readiness. The Plan Sponsor University (TPSU) has conducted over 400 half-day education programs since May 2013 with almost 5,000 DC Plan Sponsors.
While HR and finance professionals regularly attend TPSU programs, very few plan sponsors are able to send their entire retirement committee. Most committee members have little to no experience or training even though they have personal liability over decisions they make.
To meet demand, TPSU has established Retirement Committee Education (TRCE) for DC plan sponsors.

The in-person educational session is delivered by a trained professional who holds the C(k)P Designation from TRAU. Plan sponsors also receive access to 3 online courses, which are approved for SHRM & HRCI Re-certification Credits. Topics include:

  • Why DC plan sponsors should have a Retirement Committee
  • How to form and empower the Committee
  • Who should sit on the Committee
  • What are their functions and responsibilities
  • Best practices

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