Tag: defined benefit plans

In the three years since winning the award, Kulick says his practice has deepened its client relationships while increasing capacity...

Both single-employer plans and multiemployer plans will get help with funding.

The bill would also extend funding relief for single-employer defined benefit plans.

It aims to bring all aspects of managing a defined benefit plan together.

The plaintiffs in the case claimed the company implemented a corporate restructuring in a way to avoid pension plan obligations.

New York transit worker pension plans say the firm's mismanagement caused 'astonishing' losses.

The Blue Cross and Blue Shield Association National Employee Benefits Committee says if the investment strategy of certain funds had been followed, they wouldn't have lost as much...

Part of the Supreme Court’s reasoning in affirming two lower court rulings in Thole v. U.S. Bank is the fact that the Department of Labor polices pension plan...

Normally the Supreme Court strives to structure its rulings with the narrowest possible scope and implications, but that is not always the case.

The agency says it is postponing deadlines for certain time-sensitive actions required by these plans and others because of the COVID-19 emergency.

The case is expected to help determine whether the millions of Americans whose pensions are held in defined benefit plans have the right to sue the fiduciaries of...

A court found most actions alleged in participants' complaint were not fiduciary functions.

Due dates for filings or actions that would otherwise have been due on or after April 1, and before July 15, have been extended to July 15.

Focused analysis of market movements, business challenges and legislative and regulatory actions.

The March 31 deadline for 403(b) plans has been extended to June 30; the April 30 deadlines for DB plans have been extended to July 31.

The plaintiffs allege Hilton is not using an elapsed time method dictated by a prior court decision.

Retirees sued for denial of benefits, claiming Delta was wrong to offset their pension payments by a workers' compensation settlement they received.

Allegations in the lawsuit, which has now cleared Rockwell’s dismissal motion, echo those filed in other lawsuits challenging the actuarial assumptions used by pension plan sponsors to value...

Former participants in AT&T's pension plan say that because factors have not been updated to be in line with reasonable actuarial assumptions, they do not yield actuarially equivalent...

The agency has issued proposed rules on Benefits Payable in Terminated Single-Employer Plans and Allocation of Assets in Single-Employer Plans, as well as the assumptions PBGC uses to...