Benefits

Talking with Ohio Gratings' Karen Bartley.

Workers are looking to spend less on benefits and reduce costs where they can, according to new research from LIMRA. 

The Delaware EARNS plan officially opened for registration, Vermont Saves is on track to launch sooner than anticipated and Rhode Island Secure Choice was signed into law.  

Recorded sessions provide valuable insights and education on plan administration and compliance, equipping plan sponsors with the knowledge needed to help employees achieve positive financial outcomes.

Tax benefits and new credits aim to offset the cost of setting up new retirement plans and can be a ‘big win’ for plan sponsors.

Carl Gagnon, assistant vice president of global financial well-being and retirement programs at Unum Group, reflects on his tenure and provides insight into the future of plan design.

For employers, mailing COBRA notices by first-class mail to a former employee’s last known address is acceptable, Illinois federal court rules.   

Early findings from an annual survey show plan sponsors are providing nonqualified deferred compensation programs to a wider range of employees, a Newport executive says.

The transaction will remove $2.5 billion in pension liabilities from the company's books.

The rise in yields in recent years have not boosted the size of the contracts.

Private-sector employers with five or more employees would be required to offer a retirement plan under the bill.

A new report explains that the consumer price index for the elderly would need to be revamped before it could be used for any official purpose.

Equity markets kept funding levels up even as discount rates fell in May.

Four award-winning plan sponsors shared ways they have improved their plans in order to better serve their participants’ financial well-being.

Alaska and Rhode Island are examining options for public retirement plans, as not having pension plans has made it hard for public employers.   

Plan sponsors may need additional time and processes to consider qualified default investment alternatives, as various TDFs, managed accounts and retirement income options are all in play.

The contracts, totaling $14.6 billion in premiums, represent a 26% increase from Q1 2023 and an all-time record, LIMRA reports.

How sponsors of defined benefit pension funds can enhance their maintenance of those offerings, plus considerations for including DB plans in the total retirement planning picture.

Plan sponsors discuss innovative ways in which they address disparities in savings and participation within their retirement plans.