Iowa Proclamation Signing Ceremony Held

Resolving to designate June as National Annuity Awareness Month

For nearly a decade, the Coalition for Annuity Awareness Month has been working to expand the reach of its messaging to more elected officials, industry professionals and consumers, ultimately to better our collective retirement future. One avenue for doing so has been through the pursuit of government acknowledgment of the initiative, both at the state and federal levels. Today, Sen. Moran (R-KS) sponsored the introduction of a federal resolution in the Senate designating June as National Annuity Awareness Month.

S.Res.695 designates June as National Annuity Awareness Month and calls on the United States and other public and private entities to observe the Month with appropriate programs and activities.

This marks a major win for the Coalition and its constituencies. It comes in part thanks to the efforts of many in-state sponsors who have helped us obtain 24 state proclamations, as well as proclamations in Puerto Rico and the District of Columbia, through annual direct requests. This momentum reinforces the need for consumers to have access to objective, factual data about annuities and the benefits.

Throughout the next year, we will be working to obtain a Democrat co-sponsor of the Senate resolution, and to identify a bipartisan group of Representatives to pursue a companion resolution in the House. We continue to make great strides in this critical work and would like to extend a sincere “thank you” to Sen. Moran and his team, as well as all the individuals who helped us take this big step forward in our journey.