Increase in Interest Rates Gives DB Plans a Boost in September
Jessica Hart, with Northern Trust Asset Management, notes, “Even though the Fed cut rates by 25 bps, the average liability...
Tag: DB Plans
Could GE Have Continued Its DB Benefits?
GE is freezing pension plans and offering a lump-sum window to certain former employees, but John Lowell, with October Three,...
AT&T Sued Over Calculation of Early Retirement Benefits
The plaintiffs say the plan’s terms reduce benefits using “Early Retirement Factors” and “Joint and Survivor Annuity Factors” which result...
PBGC Issues Proposed Rules About Benefit Payments
The agency will consider payments prior to plan terminations when calculating benefits, and it proposed to change its assumptions for...
Several Strategies Help DB Plan Sponsors Manage Financial Risks
MassMutual discusses four main strategies for limiting or eliminating defined benefit plan risks over time: hibernating risks, establishing glide paths,...
PBGC Releases New Forms Relating to ERISA Section 4062(e)
In 2014, President Barack Obama signed into law major changes to Section 4062(e), which requires companies with defined benefit (DB)...
Funded Status Not a Good Measure for Whether DB Plan Participants Can Sue
The U.S. Solicitor General and the Pension Rights Center have filed briefs with the Supreme Court for a fiduciary breach...
Interest Rates a Factor for Crucial DB Valuation Decisions
It’s time for many plan sponsors to determine what rate they will use to calculate unfunded vested benefits, and they...
DB Plan Funding Takes a Hit From Record-Setting Low Interest Rates in August
Pension plans that have invested in long bonds would have benefited, according to Northern Trust Asset Management, and Legal and...
Closed DB Plan Nondiscrimination Relief Extended Again
The IRS anticipates that final regulations on closed DB plan nondiscrimination testing will not be published in time for plan...
Sonoco Terminates DB Plan in Preparation for Risk Transfer
Announcements by the company provide an example of common steps and the timeline for a pension risk transfer.
S&P Finds Most Not-for-Profit Hospitals Manage Pensions Well
However, the ratings agency doesn’t expect funded status improvements to continue, and it notes that many not-for-profit hospitals are focusing...
Products |
Mercer Offers Longevity Risk Reporting to Pension Plan Sponsors
Mercer's clients in the United States will have access to Club Vita's proprietary longevity assumptions, analytics and reporting, which will...
DB Funded Status Improved in June, but Down for Q2
While asset returns gave defined benefit (DB) plan sponsors a funded status bump in June, lower interest rates led to...
Opinions |
How to Walk the Line With Pension Overpayments
Mary Shah and Mindy Zatto, from Strategic Benefits Advisors, discuss ways to recoup pension overpayments that satisfy regulators and do...
Hedging May Have Buffered DB Plan Losses in May
Defined benefit (DB) plans lost their 2019 funded status gains in May, and some firms say hedging liabilities would have...
SOA Proposes New Mortality Tables
The Society of Actuaries (SOA) proposed mortality tables include mortality data from both single-employer and multiemployer defined benefit (DB) plans.
Considering Balance Sheet Issues for Pension Risk Transfers
A pension risk transfer (PRT) to terminate a defined benefit (DB) plan reflects heavily on a plan sponsor’s balance sheet,...
Institutional Plan Returns Rebound in Q1 2019
According to Northern Trust, Corporate Employee Retirement Income Security Act (ERISA) pension plans had the best first quarter on a...