Tag: Defined benefit

The increase in the single-employer rate was provided in The Bipartisan Budget Act of 2013.

The top catalyst for a pension risk transfer to an insurance company is PBGC premium increases.

The result depends on an employee’s salary level and the level of pre-retirement income to be replaced.

The IRS announced it will not adjust most current contribution limitations for qualified retirement plans heading into tax year 2016, though some retirement-related tax breaks and other items...

The agency is looking for ways to simplify DB plan calculations.

“Cost is not dispositive of prudence,” says Eugene Maloney with Federated Investors.

Global retirement readiness rankings are inherently subjective and often controversial, but Mercer says the U.S. is clearly slipping compared with some other developed nations.  

Society of Actuaries says the update will ensure pension plan actuaries have the most up-to-date information available.

The bank, which pled guilty to criminal charges last year, applied for an exemption that would enable it to keep its status as a qualified professional asset manager.

Genstar Capital and Aquiline Capital Partners agree to acquire Ascensus Inc.

Companies sponsoring defined benefit plans can work with Buck Consultants to map pension risks and strategies in real time.

A new analysis finds that the change in pension wealth from the shift to mostly DC retirement plans is relatively steady.

A court found a pension plan’s SPD materially conflicted with the plan document, so a participant who expected to receive certain benefits can seek relief.

PBGC anticipates about 94% of plans and sponsors will be exempt from many reporting requirements.

The guidance also contains final excise tax regulations applicable to both single-employer and multiemployer defined benefit plans.

Questions about whether funds can be identified in the participant’s possession and when the statute of limitations started to accrue have pushed forward an ERISA lawsuit.

The Cooperative and Small Employer Charity Pension Flexibility Act specifies funding requirements for certain pensions that were not immediately affected by PPA funding rules.

It is still a great time for DC plan advisers to enter the pension risk transfer market—with record Q2 sales of annuity buy-outs measured by LIMRA and a...

Growth figures this year are in line with a previous Kravitz report that found the number of these plans surged 31% in 2013.

Leaders of public pensions around the world agree that digital technology will improve participant services and administrative efficiency—and they want help with implementation.