PBGC Names Anne Henderson as New Participant and Plan Sponsor Advocate
Henderson, on January 12, will succeed Constance Donovan, who retired in August after 11 years.
Tag: defined benefit plans
Benefits |
Research Quantifies the Broad Economic Impact of Pension Payments
Public and private sector defined benefit pension fund payments added $224.3 billion in tax revenue to the U.S. economy in...
Benefits |
Retirement Benefits Remain a Sticking Point in Boeing Strike
Union workers are seeking a 40% pay increase and the restoration of the company’s defined benefit pension plan, which has...
Most Corporate Pensions Saw Funding Dip in September
The majority of pension trackers reported that strong equity markets could not offset a rise in liabilities.
More Plan Sponsors Seek to Completely Offload DB Pension Liabilities
Among companies with pension de-risking plans, 93% expect to completely divest their defined benefit liabilities, according to a MetLife survey.
Opinions |
The Life Expectancy of Actuarial Equivalence Lawsuits
Despite the volume of cases, no court has yet issued a favorable judgment on the merits for any pension plan...
Benefits |
Corporate Pension Plan Funding Stays Strong On Stock Gains
Equity markets kept funding levels up even as discount rates fell in May.
Benefits |
PSNC 2024: DB Plan Maintenance
How sponsors of defined benefit pension funds can enhance their maintenance of those offerings, plus considerations for including DB plans...
Benefits |
Now It Is About Protecting Healthy Funded Levels
Higher interest rates since 2022 have put corporate pension funds at their highest funding levels in many years, prompting plan...
Benefits |
Increased Litigation Around PRTs Brings Insurance Industry Practices to Light
As defined benefit plan sponsors look to de-risk and offload pension liabilities, the selection of annuity providers has come under...
Investment Strategies are Among the PRT Alternatives
Plan sponsors can consider plan conversions, similar to what IBM has done, hibernation or different investment strategies to reduce risk...
Benefits |
Corporate Pension Plans Hit Highest Funding Levels in Decades
Higher stocks and relatively stable interest rates boosted funding surpluses to more than $70 billion, Milliman found.
Benefits |
Unisys Completes Latest in Series of Pension Annuitizations
The transaction, completed with F&G Annuities & Life, is Unisys' sixth since January 2021, totaling nearly $2 billion.
Corporate Pension Funding Hits Best Levels in Decades
Pension trackers report record corporate pension funding in February due to strong markets and higher interest and discount rates.
Will DB Plan Sponsors With Overfunded Plans Consider Reversions?
Opportunities may arise for plan sponsors to take advantage of excess pension assets, but taxes must be considered.
Benefits |
UAW Members at GM, Stellantis to Gain Access to Hueler Lifetime Income Solutions
The retirement income benefit was a bargaining chip in negotiations that included a UAW request to bring back a defined...
Benefits |
November Yields Mixed Results for Corporate Pension Funded Status
According to Wilshire, November saw the largest monthly increase in liability value since it began tracking corporate pension funded status...
Benefits |
Higher Bond Yields Mean Higher Corporate Pension Funding Levels
Some pension funding models reached their highest points in decades.
Is the UAW’s Demand for Return of Pensions a Realistic Ask?
In addition to wage increases and an end to wage tiers, the United Auto Workers are demanding the return of...
US Corporate Pension Funding Levels Dropped in August
The drop in global equities led to the first overall decline 2023.