Summer is PGGNE's quiet season but your volunteer board of directors has been hard at work reviewing this past year's programs and gearing up for the year ahead. We are pleased to move into 2009-2010 with a sustainable plan that reflects only a modest increase in membership rates and supports a great year of networking and presentations, starting with John Brown in September. With more than 20 monthly offerings plus the all-day conference in May, PGGNE aims to educate, inspire and connect gift planning professionals throughout New England. Please take a moment now to renew your membership and to encourage others in the philanthropic world to take advantage of what many consider the best value going. We'll see you at the Radisson on September 16th! Coming Up... Look out for 2009-2010 PGGNE Membership information to be available in July! ACGA Board Action Regarding Gift Annuity Rates The Board of Directors of the American Council on Gift Annuities (ACGA), at a called meeting on December 29, 2008, approved a recommendation from the Rates Committee to reduce the expected return assumption from 5.75% to 5.25%. A new rate schedule is being developed reflecting this change and will be released no later than January 15, when the actuarial work is complete. Comments? Questions? Please contact us. |
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