Tag: Defined benefit

The 9th Circuit reversed a district court decision that a participant did not prove he was entitled to benefits, saying the burden of proof should be on the...

The suit alleges a law firm president and owner caused the company’s retirement plan to loan thousands of dollars to real estate deals he controlled.

Willis Towers Watson says delegation, i.e. turning over certain functions to a third party, isn’t a simple outsourcing solution.

Lawmakers say the bill "ensures that Congress is raising premiums only if and when it is appropriate.”

Declining interest rates offset the impact of strong March growth in the U.S. equity markets.

State Street will acquire GE Asset Management.

Although retirement assets were $24 trillion at the end of both years, the makeup of the market changed.

The final rules modify waivers and information requirements to better balance the burden of reporting with PBGC’s need for information.

The appellate court maintained that, under ERISA, a church plan must be established by a church, and Advocate Health Care Network's DB plan was not.

The Pension Benefit Guaranty Corporation will pay retirement benefits for more than 21,000 current and future retirees of the Great Atlantic & Pacific Tea Co.

The Pension Benefit Guaranty Corporation announced an agreement that restores two pension plans to The Renco Group Inc., a private investment holding company based in New York City.

Pension consulting expert warns PBGC premiums have reached an unsustainable level for many plan sponsors. 

LIMRA Security Retirement Institute finds five separate insurance companies reported buy-out sales above $1 billion during 2015. 

The Bureau of Labor Statistics looked into factors that affect employer's costs for DB plans.

The California Public Employees’ Retirement System was asked by two retired police officers to include hiring discrimination settlement dollars in defined benefit pension calculations.

Your DB plan sponsor clients should start reviewing their payment practices now, attorneys tell PLANADVISER.

 

The Fortune 500 listing is often thought of as a pillar of stability, but that description hardly fits the way the world's biggest companies have handled retirement benefits...

The financial firm will pay benefits for retirees of Chemtura Corporation.

Living firsthand through some seriously tough times for defined benefit plans, many pension plan sponsors are turning to advisers and consultants for help.

The IRS proposal would provide guidance about any employer that has withdrawn from the plan and entered into a “make-whole” agreement to provide participant benefits.