Opinions | September 25th, 2024 PRT: Myths and Reality Pension risk transfers benefit plan sponsors and plan participants.
Opinions | August 15th, 2024 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 | June 25th, 2024 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...
Investing | April 25th, 2024 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.
Compliance | February 28th, 2024 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 | November 16th, 2023 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 | October 9th, 2023 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.
Compliance | September 18th, 2023 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.
Administration | August 18th, 2023 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.
Investing | March 14th, 2023 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.
Compliance | February 21st, 2023 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.
Compliance | January 13th, 2023 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.
Compliance | November 21st, 2022 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.
Data and Research | October 25th, 2022 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...
Deals and People | September 15th, 2022 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...
Compliance | August 31st, 2022 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...
Compliance | August 18th, 2022 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...
Compliance | July 8th, 2022 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...
Administration | May 9th, 2022 Pension Plan Sponsors Can Tackle Improper Payments More rigorous approaches may be needed for corporate pension plan sponsors to curtail profligate payments.
Data and Research | May 5th, 2022 Pension Risk Transfer Volume At Record Level First quarter pace is projected to accelerate this year.