Tag: Defined benefit

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...

The IRS prohibits DB plans from paying lump sums to in-pay retirees and beneficiaries,” but many terminated vested participants will view lump sums as attractive.”

DB plan providers are enhancing participant and plan sponsor services, and innovating plan design.

The Web-based platform uses real-time analytics and projection models to manage risk.

After agreeing with a district court that employees sold from Anheuser-Busch's controlled group of companies deserve enhanced pension benefits, the 8th Circuit remanded the case back to the...

The amendments involve the presentation of net periodic pension cost and net periodic postretirement benefit cost.