Tag: Defined benefit

Disgraced NFL quarterback Michael D. Vick has agreed to pay $416,461 in restitution to a pension plan sponsored by his company MV7 LLC to settle allegations Vick had...

A South Carolina hospital is restructuring its retirement savings program, including a freeze on its current defined benefit plan.  

Small-business employers looking for basic guidance about the array of workplace retirement plans from which they can choose can now get their questions answered at a new federal...

The majority (54%) of surveyed employees reported satisfaction with their company’s retirement program.

Plan sponsors might want to prepare for the possibility of retirement plan limits dropping for 2010, Mercer said.

The U.S. Department of Labor has sued defunct Vinyl-Mark Products Inc. of Hueytown, Alabama, and the company's pension and profit-sharing plan trustees for allegedly misusing plan assets to...

MassMutual has introduced an enhanced financial reporting platform and distribution process for its defined benefit and investment-only clients.

Defined benefit pension income plays a critical role in reducing the risk of poverty and hardship among older Americans, according to a new study.

Standard Retirement Services has released an online defined benefit calculator that allows retirement plan participants to compare alternative pension income scenarios based on different assumptions and variables.

New York Life Retirement Plan Services introduced a tailored advice service designed specifically for union clients and their members.