Administration | January 31st, 2018 Tax Reform Makes Pension Pre-Funding More Compelling Mercer offers its list of key priorities for defined benefit (DB) plan sponsors for 2018.
Data and Research | January 26th, 2018 Employers Considering Enhancing Benefits Due to Tax Reform The most common benefit changes organizations have made or are planning or considering include expanding personal financial planning, increasing 401(k)...
Compliance | January 12th, 2018 PBGC Adjusts Penalties for Failure to Provide Information The agency is required to adjust these amounts annually for inflation, but the agency says its goal is to encourage...
Administration | January 10th, 2018 Markets Push Pension Funded Status Higher in 2017 Most firms that track DB plan funded status estimated between 1% to 3% improvement for the year.
Administration | January 8th, 2018 Tax Reform Fuels DB Plan Accelerated Funding Michael A. Moran, with GSAM, says the firm expects voluntary contribution activity to continue into 2018, as defined benefit plan...
Participants | January 4th, 2018 Public Pension Fund Members Largely Unaware of Underfunding Public pension fund members surveyed expressed interest in more transparency about pension fund investments and investment returns.
Administration | December 27th, 2017 Reducing PBGC Premiums by Splitting Up a DB Plan The idea is to put participants with lesser unfunded vested benefits (UVBs) in one plan, and those with greater UVBs...
Compliance | December 21st, 2017 PBGC Expands Missing Participants Program Beginning in January, terminating DC plans will have the option of transferring missing participants’ benefits to PBGC instead of establishing...
Compliance | December 20th, 2017 PBGC Amends Regulation on Allocation of Assets in Single-Employer Plans A final rule provides a new table for determining expected retirement ages for participants in pension plans undergoing distress or...
Compliance | December 18th, 2017 IRS Issues Mortality Tables to Be Used for DB Plans in 2019 The updated mortality improvement rates and static tables apply for purposes of calculating the funding target and other items for...
Investing | December 11th, 2017 More DB Plans Using LDI Strategies Eighty-one percent of pension plan professionals say funded status volatility is their top motivating factor for pursuing an LDI strategy.
Investing | December 11th, 2017 CIT’s Costs Attract Institutional Investors A report from Cerulli Associates states the primary reason an institutional investor seeks out a CIT is the fact that...
Administration | December 11th, 2017 Firms Agree Pension Funded Status Increased in November Firms that track DB plan funding reported increases in the month ranging from 0.4% to 1.0%.
Administration | November 29th, 2017 DB Plan Sponsors Should Balance Four Levers to Improve Funding No lever alone is enough to close the pension funding gap, according to a report from Cambridge Associates.
Compliance | November 22nd, 2017 2017 Year-End Deadlines and Tips for Retirement Plans 2017 happens to be a light year for required plan amendments for retirement plans.
Compliance | November 21st, 2017 PBGC Asks Permission to Keep Collecting Information on Plan Terminations The request regards distress terminations and PBGC-initiated terminations of DB plans.
Compliance | November 14th, 2017 IRS Releases Covered Compensation Tables The tables are to be used for determining contributions to DB plans and permitted disparity in DC plan contributions.
Administration | November 10th, 2017 Reports of Pension Funded Status for October Are Mixed Those tracking S&P plans estimate a slight decrease in or flat pension funding ratio, while other estimate a slight increase....
Data and Research | November 9th, 2017 Church Pension Group Says Move to DC Plan Not for Benefit of Participants The group says it has considered moving from a DB plan for clergy to a DC plan and concluded that...
Investing | October 30th, 2017 NEPC Suggests Ways Pensions Can Boost Returns NEPC says pension plan sponsors' expected returns are unrealistic.