Investing | April 16th, 2025 Opportunities for Pension Derisking Remain, Despite April Funding Downturn Amid recent market volatility, pension funded status has taken a hit. It may also be time for some plan sponsors...
Benefits | March 12th, 2025 US Corporate Pension Finances Suffered ‘Worst Monthly Loss Since 2022’ Weak markets and rising liabilities resulted in sinking pension funding levels in February.
Investing | January 13th, 2025 Pension Funded Status Rose in December, Ending 2024 Strong U.S. corporate pension plans saw improvements to their funded status at the end of 2024, with rising discount rates triggering...
Data and Research | March 6th, 2023 PennSERS Drops 12% in 2022 The pension fund lost $6.5 billion in asset value over the last year, ending a three-year streak of double-digit gains.
Compliance | January 19th, 2021 Stars Have Aligned for Union Pension Funding Action Sources hopeful for Congressional action say arguments about saving union pensions should be linked to the broader social and economic...
Compliance | December 16th, 2020 A Conversation With a Union Pension Funding Advocate One outspoken advocate for the Butch Lewis Act says the time is ripe for addressing the funding challenges faced by...
Compliance | December 4th, 2020 Union Pension Funding Crisis Solution Remains Elusive There are plenty of ideas to address the funding crisis facing certain multiemployer union pensions, but consensus federal legislation remains...
Compliance | December 13th, 2019 IRS Publishes 2021 Mortality Improvement Rates for DB Plans The updated mortality improvement rates and static tables apply for purposes of calculating the funding target and other items for...
Compliance | August 7th, 2019 Lawmakers Demand Help for Union Pensions The former Republican Speaker of the House has teamed up with former Representative Joe Crowley to advocate for a solution...
Compliance | July 11th, 2019 Analyst Sees ‘Moral Hazards’ in GASB Pension Accounting Standards In addition to promoting inaccurate pension heath assessments, a new academic paper argues, pension accounting rules set by the Governmental...
Compliance | July 10th, 2019 House Committee Advances Bill to Establish Union Pension Lifeline Program The legislation aims to establish a 30-year loan program and new financial assistance for financially troubled multiemployer pension plans.
Compliance | July 9th, 2019 Pension Participants Claim ERISA Breaches in Dow DuPont Pension Transfer In a new ERISA lawsuit seeking class action status, the plaintiffs claim their pension assets were disloyally and imprudently transferred...
Compliance | June 19th, 2019 Supreme Court Asked If Well-Funded Pensions Can Harm Participants ERISA allows plan participants to sue to remedy demonstrable harms they have suffered as a result of fiduciary breaches. Less...
Compliance | May 15th, 2019 Congress Urged to Act Soon on Union Pension Funding Crisis Members of the Senate Finance Committee voiced frustration that lawmakers have not yet come to a solution to the multiemployer...
Administration | April 25th, 2019 Pragmatic Strategies to Reduce PBGC Premiums This Year Pension plan sponsors have taken various actions to reduce their PBGC premiums in the last year, resulting in a decline...
Administration | March 21st, 2019 MainePERS Has Some Suggestions for Struggling Public Pensions The plan’s history offers a case study for how to turn around a troubled public pension system after years of...
Compliance | November 30th, 2018 Missing Deadline, Joint Committee Continues Work on Multiemployer Pension Crisis Senators and co-chairmen Orrin Hatch and Sherrod Brown said they missed their stated deadline for voting on a package of...
Compliance | September 13th, 2018 Congressional Democrats Continue Butch Lewis Act Advocacy The Butch Lewis Act offers a way to preserve union retiree pension benefits through an emergency loan program funded with...
Compliance | July 25th, 2018 Stakeholders Beg Congress to Act on Solvency of Multiemployer Pension Plans Passionate testimony from a Teamster to the Joint Select Committee on the Solvency of Multiemployer Pension Plans appeared to outshine...
Products | July 18th, 2018 Shifting Yield Curve Presents Institutional Investing Opportunities The chief investment officer at Winthrop Capital Management discusses the uptick in short term interest rates and new opportunities within...