Tag: Defined benefit

"Employers may want to reevaluate the allocation of benefit dollars to better respond to employees’ needs and concerns,” says Alexa Nerdrum with Willis Towers Watson.

A paper from the American Academy of Actuaries gives examples of which DB plan funding measurements are useful for different plan sponsor situations.

In a notice, the IRS reminds retirement plan sponsors it no longer issues determination letters for individually designed plans.

A study by Willis Towers Watson argues that long-term horizon investing can generate as much as a 1.5% premium per year.

The overwhelming majority worry that they will run out of money in retirement.

The Supreme Court, in its decision about the definition of church plan, left out two key issues in the lawsuits, which it said were not issues before it.

Longevity, lower investment returns, and inadequate savings are contributing to a growing shortfall in what individuals will need for a longer retirement, a report says.

There has been at least $1 billion worth of U.S. single premium pension buyout sales during each of the last eight quarters.

The seminar will be held in Springfield, Illinois, on June 21.

The lawsuit challenges the status of the pension plans of Franciscan Missionaries of Our Lady Health System.

In an SEC filing, 3M said it was notified by the DOL in April 2015 that the agency was investigating its pension plan for violations of ERISA.

However, corporate funds' and Taft Hartley plan's returns trailed those of public funds and foundations and endowments.

The IRS’s proposed increases in mortality assumptions will raise PBGC premiums for single-employer pension plans from $8.6 billion to $9.6 billion.

“We have seen many iterations of de‑risking actions over the past decade, and we see full plan terminations as the next wave, as many frozen plan sponsors convert...

The bill amends the nondiscrimination rules to protect older workers in plans that have been closed or frozen.

A report contends that not optimizing their contribution recording and timing caused DB plan sponsors to overpay PBGC premiums.

Tess Gee, member in the ERISA & Employee Benefits Litigation practice at Miller & Chevalier, says the stakes are high for all sides, including the government.

Interested parties can email the IRS by 5 p.m. ET on April 17, 2017, with any suggestions for its presentation.

Higher interest rates, changes in collateral used and other trends can result in higher revenues for institutional investors, such as DB plan sponsors.

A new program from Trucker Huss provides plan sponsors with a written opinion of counsel that their plan document, as amended after the date of their last IRS...