Opinions |
PRT: Myths and Reality
Pension risk transfers benefit plan sponsors and plan participants.
Tag: Defined Benefit (DB)
Opinions |
The Golden Anniversary of ERISA: Celebrating Progress and Charting the Future of Retirement Security
As we mark the 50th anniversary of the law, it is an opportune moment to reflect on its profound impact...
Opinions |
Why PBGC’s Flat-Rate Premiums Need to Drop
Lowering premiums might spur some organizations to consider offering a defined benefit plan, which could be an additional form of...
None of the Largest US Corporate Pension Funds are Less Than 75% Funded, Per Milliman
The firm’s 2024 research found at least three pension funds with more than 140% funding levels.
Julie Su’s Nomination for Secretary of Labor Passes Senate Committee
The vote was held in a closed session and advanced by a party-line vote; meanwhile, the Senate committee chaired by...
Benefits |
The Factors at Play in IBM’s Shift to a Cash Balance Plan Reviewed
IBM’s move away from the 401(k) match leads industry experts to evaluate the shortcomings of defined contribution plans in providing...
Benefits |
US Corporate Pension Funding Rises Despite September Market Challenges
Equity losses for the month were offset by the largest single-monthly decline in liability value this year.
What Does SECURE 2.0 Do for 420 Transfers?
Even though it opens the process up for more pension funds to participate, few are likely to take advantage.
Pension Risk Transfer Deals Hit Record Level in First Half of 2023
Companies completed 289 transaction in the first half of 2023, per an Aon study.
2023 DB Summit: Factors in DB Plan Decisionmaking
To keep the defined benefit plans active or not? That is the question for many plan sponsors.
Transportation, Sheet Metal, Service and Manufacturer Pensions Receive PBGC Assistance
Multiemployer pension plans from Baltimore, New York, Puerto Rico and Ohio received a total of $26.7 million of additional assistance.
Ibuprofen Stock Surges as Plan Sponsors Read New DB Plan Rules in SECURE
SECURE 2.0 makes several regulatory and disclosure changes for DB plans.
PBGC Advisory Board Adds Four Presidential Nominees
Four new appointees make a total of seven, charged with advising the PBGC on investments and other decisions.
GAO Study Highlights Increased Mortality of Impoverished Seniors
The U.S. is more unequal than the other countries studied, low income and wealth are associated with higher mortality, and...
EBRI CEO Lori Lucas Announces Pending Retirement
Lucas will stay at the helm through the end of the year while helping the research group source its next...
Puerto Rico Hospitality Union Pension Latest to Get PBGC Relief
The stressed union pension plan will receive more than $28 million in special financial assistance, including interest to the expected...
In Private Letter Ruling, IRS Permits DB-to-DC Asset Transfer
The ruling only applies to the case at hand, but there are still lessons to be learned from an employer’s...
Experts Analyze the Finalized Union Pension Relief Funding Framework
A handful of important changes were made this week to the Pension Benefit Guaranty Corporation’s Special Financial Assistance program for...
Pension Plan Sponsors Can Tackle Improper Payments
More rigorous approaches may be needed for corporate pension plan sponsors to curtail profligate payments.
Pension Risk Transfer Volume At Record Level
First quarter pace is projected to accelerate this year.