PBGC Multiemployer Program Still Projected to Become Insolvent
However, the single-employer program is likely to eliminate its deficit within the next three to seven years.
Tag: Defined Benefit
Equity Returns Gave Pension Funding a Boost in July
Providers that track pension funding status note that interest rates could affect funding levels for the rest of this year.
Some DB Plans Changing Accounting Measures
Most companies used a single weighted average discount rate to measure the interest cost and service cost components of benefit...
Cost Considerations When Freezing Your DB Plan
Just because a plan is frozen, doesn’t mean fees will go away altogether.
Not All With Access to Retirement Plan Use It
Among private-industry workers, 66% had access to a retirement plan, but only 75% of this group either chose to or...
Benefits |
Employers Have Shifted Allocation of Benefits Dollars
There seems to be a disconnect between employees’ primary concerns, needs and preferences and the reshuffling of employer dollars, Willis...
There Is No Single 'Right' Measurement for DB Plan Funding
The purpose of the measurement determines which number is “right,” according to the American Academy of Actuaries.
Pension Funded Status Sees Decline for June and Q2 2017
Still, funded status is up for the year, according to one firm’s estimates.
The Case for Long-Horizon Investing in DB Plans
Long-horizon investing can generate up to a 1.5% premium on returns, according to a Willis Towers Watson study that modeled...
The Hartford Transfers 29% of Pension Plan Obligations
The company will be purchasing a group annuity contract from Prudential.
Accenture Completes Pension Risk Termination
American General Life Insurance Company and Massachusetts Mutual Life Insurance Company have agreed to take on $1 billion of Accenture’s...
Pension Cuts Have Public Employees Worried
The overwhelming majority worry that they will run out of money in retirement.
Supreme Court Ruling Did Not Resolve Church Plan Challenges
The next stage will be to determine if the hospital boards or plan committees fit within the principal-purpose definition and...
May DB Funded Status Measures Mixed
The differences depend on what DB plans are tracked or how DB funded status is tracked.
Benefits |
PSNC 2017: Retirement Security at an Inflection Point
“We are at a unique inflection point in history, with a number of forces converging simultaneously that are forever changing...
Supreme Court Offers Interpretation of Definition of Church Plan
Looking at the definition of “church plan” in ERISA, the high court concluded that a plan maintained by a principal-purpose...
SOA Review Shows Positive Funding Picture for DB Plans
Using the smoothed assets as allowed and smoothed bond rates require by current law to discount the liability, the 2014...
Retirement Policies Need to Change to Address Longer Life Expectancy
Looking at the U.S. specifically, the shortfall of retirement savings needed is growing at a rate of $3 trillion each...
State and Local Governments Increased Pension Contributions by 6.5%
Their contributions rose by $8.5 billion.