Compliance | February 12th, 2020 Outdated Mortality Assumptions Case Survives Motion to Dismiss A U.S. District Judge's decision suggests pension plan sponsors should periodically review the reasonableness of actuarial assumptions used to calculate...
Administration | February 12th, 2020 Low Interest Rates, Coronavirus Deal Blow to DB Plan Funded Status Plans with the greatest exposure to equities will generally see the largest funded status declines, according to River and Mercantile.
Compliance | February 10th, 2020 Litigators Put Mortality Assumptions Under the Microscope Lawsuits continue to be filed across the United States that accuse large, well-known employers of using severely outdated mortality data...
Investing | February 7th, 2020 Don’t Put Your Head in the Sand Because of Cash Balance Liability Complexity Cash balance plans may have the most complex liabilities to manage, but creating a clear strategy to manage risks will...
Compliance | January 30th, 2020 $10M Settlement Agreement Filed in Berkshire Hathaway Pension Lawsuit Much of the settlement value is tied into a new pension funding formula Berkshire Hathaway will use for certain employees...
Administration | January 29th, 2020 State and Local Pensions Share Their Own Best Practices Respondents to an NCPERS survey shared success stories, strategies for reducing liabilities and “other” investments they use.
Administration | January 29th, 2020 Lockheed Martin Makes Pension Buyout Transaction This is the third pension risk transfer action the company has implemented.
Compliance | January 13th, 2020 PBGC Issues Premium Filing Instructions for 2020 Plan Years Premiums have gone up, and the agency says it has simplified reporting requirements for risk transfer activities.
Administration | January 9th, 2020 Most DB Plans Saw Little Funded Improvement in 2019 Plan sponsors will need to consider whether in 2020, as in 2019, stock market returns will be great enough to...
Opinions | January 8th, 2020 Are You Investing With the Right Objective in Mind? Ryan McGlothlin and Michael Clark, with River and Mercantile, say it’s imperative to first understand the nature of future cash...
Administration | January 7th, 2020 McClatchy Cuts Back on Executive Benefits Due to Pension Distress The media company has asked for legislative relief and is in discussions with the PBGC about a distress termination of...
Compliance | December 31st, 2019 IRS Announces Dates for Third Remedial Amendment Cycle for DB Plans The agency says the third six-year remedial amendment cycle for pre-approved defined benefit (DB) plans begins on May 1, 2020,...
Data and Research | December 18th, 2019 Could New DB Plan Designs Solve for Retirement Savings Inadequacy and Inequality? Recent studies find 401(k)s have increased retirement savings gaps among demographic groups, and those in 401(k)s have not met their...
Compliance | December 10th, 2019 Officials Issue New Items for DB Plan Sponsors The PBGC has issued a final rule regarding pension plans undergoing distress or involuntary termination, and the OSFI has released...
Administration | December 10th, 2019 DB Funded Status Held Up Fairly Well, Considering… Though down for the year, DB plan sponsors have seen upticks in funded status for three straight months, and sources...
Opinions | December 4th, 2019 Barry’s Pickings: Extend HATFA Now Michael Barry, president of O3 Plan Advisory Services LLC, discusses how interest rate “stabilization” is still needed in this era...
Investing | December 4th, 2019 Institutional Investors Feel Braced for Whatever the Market Throws Them They favor active management, most have turned to private markets, and nearly half are using scenario analysis to prepare portfolios...
Administration | November 26th, 2019 DB Plan Cash Flow Needs Are Greater Than Ever In these days of low interest rates, and following money market reform, investing strategies are needed to meet cash-flow needs...
Administration | November 20th, 2019 LDI the Key to DB Plan Funded Status Gains About three-quarters of plans surveyed by NEPC with a funded status of 90% or higher have utilized liability-driven investing (LDI).
Investing | November 20th, 2019 What DB Plans Can Learn From Insurance Companies Insurance companies take on pension risk, so why wouldn’t DB plan sponsors take lessons from insurer’s investment strategies?