Deferred Compensation Plan

Take advantage today

All PGA members in good standing who are working in the United States are eligible to participate in the plan. However, PGA Associates, University Students, and PGA HQ Employees are not eligible for the plan.

Additionally, Class F members will not be eligible to earn points while in Class F status. A member that is Class F but returns to good standing each year may earn points solely during that time he/she is in good standing. If a member earns points and an award each year but then goes Class F in a later year, that person is still entitled to the amounts previously provided.

Golf Retirement Plus will continue as a separately managed program. Eligible members can participate in both Golf Retirement Plus and the Deferred Compensation program.

Starting early has its advantages

The maximum amount an eligible member may receive in a program year is up to $1,500. The actual amount received will depend on the number of points earned, total participation, and overall contribution by the PGA that year as set at the beginning of each program year.

At the end of each program year, a calculation will be done that takes the total fund contribution by the PGA and divides it by the number of points earned minus those points that were forfeited (due to less than the minimum threshold being achieved or someone earning the equivalent of over the max threshold of $1,500).

Members are not allowed to make individual contributions to their deferred compensation account.

Accessing your money 

You can withdraw funds contributed to your account based on your participation at age 65. Funds may not be withdrawn before age 65. However, there may be some hardship exceptions in limited circumstances.