Administration

“Tax reform has allowed plan sponsors to take advantage of a higher deduction. Doing so may mitigate the need for higher contributions in the future,” says Alexa Nerdrum,...

The company is offering a lump-sum window, transferring some liabilities to a group annuity, making a contribution to its pension plan and transitioning to a liability-matching investment allocation.

The pension plan administrator for the city of San Jose employees has known about the overpayments due to miscalculations since 2011, but the overpayments continue.

DB plan funded status reached a five-year high in July.

Peggy McDonald, the senior vice president who led negotiations for Prudential, says the firm is committed to providing vested participants, retirees and benefices seamless transition.

They are seeking reductions as high as 50%.

In a webcast sponsored by Benz Communications, the firm’s Engagement Strategist Megan Yost offered tips to better engage individuals in financial and health wellness.

What are the rules for locating missing retirement plan participants and what should plan sponsors do when they’re found?

However, firms that track DB funded status report 2% gains for the quarter and up to 6% for the year.

“Plan sponsors that have adopted or moved to market return design structures have reduced or eliminated market and cost volatility from their retirement program while providing participants with...

Experts with cash balance plan design and administration provider Kravitz define the concept of strategic plan termination—what the pros and cons are, and what an employer’s responsibilities entail...

Reviewing a participant’s financial health involves more than just deploying the latest retirement readiness tools.

Creative and cost-efficient strategies to motivate employees at small companies to engage in their retirement plan.

Nearly two-thirds (62%) of respondents to a survey say they are "very likely" to transfer some or all of their pension obligations to an insurance company once their...