Compliance

The premiums would increase by $26 billion over 10 years.

A U.S. District Judge's decision suggests pension plan sponsors should periodically review the reasonableness of actuarial assumptions used to calculate benefits.

Lawsuits continue to be filed across the United States that accuse large, well-known employers of using severely outdated mortality data when calculating the value of certain pension benefits.

For example, language should be inserted to reflect that the age for taking required minimum distributions (RMDs) has been increased to 72.

Seeing a paltry “retirement paycheck” estimate may shock a lot of participants into making greater contributions to their retirement accounts.

The complaint stresses that, under ERISA, the “present values” of a joint and survivor annuity and a single life annuity must be equal for them to be “actuarially...

The only charge that survived regarded Voya providing “false and misleading” participant fee disclosures.

A federal district court’s decision that Principal is not a fiduciary when it sets the crediting rate for a GIC has been reversed.

A court has ruled against CBIZ’s motion for summary judgement in a lawsuit accusing the firm of making costly actuarial errors.

The appellate court disagreed with a lower court finding that reformation of PwC's cash balance plan and the recalculation of benefits in accordance with the reformed plan was...

Following a memo warning retirement plan sponsors of potential disqualification, attorneys offer suggestions for plan document execution procedures.

The complaint states that the plan’s investment options and fees “cannot be justified.”

Open MEPs are now PEPs, and additional guidance is needed about requirements for PEPs and other provisions of the SECURE Act.

Much of the settlement value is tied into a new pension funding formula Berkshire Hathaway will use for certain employees who formerly worked for Acme.

The parties in Belknap v. Partners Healthcare System have been given an opportunity to submit supplemental briefing as to the meaning of “actuarial equivalent” under the relevant statutes.

Among other allegations, the litigation says Shell Oil fiduciaries allowed Fidelity to inappropriately utilize plan data for its own commercial purposes.

The SECURE Act extended the age at which RMDs take effect from 70 1/2 to 72, but financial institutions may not have had time to change their notice...

The ERISA complaint includes familiar allegations that retirement plan fiduciaries failed to manage or monitor plan recordkeeping and investment fees.