Administration

The funded status declined from 79% at the end of June 2015 to 75% at the end of December.

Financial literacy naturally increases with age, but retirement plan sponsors can help increase the learning process.

The portability of lifetime income products has increased tremendously in recent years, leaving plan sponsors with a lot of outdated information. 

It may seem obvious what financial help each generation needs, but when employers ask employees what they need, they may be surprised.

Administering tribal government retirement plans requires understanding of federal law, state law and tribal law.

Many plan sponsors have used annuity purchases for their qualified DB plans to ensure participants’ benefits are protected from market volatility; a similar strategy can be used for...

“I don’t think many sponsors fully understand that plans in decline have financial characteristics that are entirely different from those that are growing,” says Kevin Wagner with Willis...

Employers should convey wellness programs as irresistible, not mandatory, according to Andrew Boyd with Virgin Pulse.

In February, the nation’s 100 largest pension plans experienced a $35 billion decrease in funded status, according to Milliman.

Aon Hewitt reports the S&P 500 aggregate pension funded status decreased, and Mercer says the estimated aggregate funding level of pension plans sponsored by S&P 1500 companies decreased.

It also can result in much lower investment costs for participants, a Vanguard case study shows.

 

Client poll results shared by investment consulting firm NEPC show significant and increasing concern with the decisionmaking coming out of the Pension Benefit Guaranty Corporation. 

The Treasury Department now has three requests it must review.

Two bills propose to offer retirees lump-sum payments.

The CalPERS Board determined that pay granted as a lawsuit settlement was not pay that could be included in pension benefit calculations.

Cross-testing can benefit older, highly paid employees, but can be a win for other employees too.

The SOA has recently given accolades to the Screen Actors Guild Producers Pension Plan; what can other multiemployer plan sponsors do to be like them?

Voya will take over benefit payments for retirees of Chemtura Corporation.

Pension funds are “owning” five strategic aspects of management, a survey finds.

A negative number, that is.