While it worked to boost savings in its 401(k) plan, one plan sponsor did not forget about highly compensated employees’ desire to save for retirement.
Multiemployer plans have not fully rebounded from the 2008 financial crisis because returns have not kept pace with growth in liabilities, according to Milliman.
Despite perceptions that many states have fallen far short of their pension funding requirements, most states have made a reasonable effort to fund their share of pension contributions.
Employer financial wellness programs may include education about budgeting and paying down debt, but they should also help employees protect themselves against some key financial risks.
The Center for State and Local Government Excellence examined four public pension systems with a long tradition of being well-funded to determine what they have in common.
An independent fiduciary decided a transaction split between Prudential and MassMutual was the safest available annuity structure to provide retiree benefits.
Advice has taken on new dimensions in the retirement space, according to Cerulli Associates, and is often implemented automatically and without requiring input from the recipient.
An updated analysis from the Society of Actuaries examines required contributions and economic sensitivities for pension plan sponsors, finding their outlook is somewhat rosier than in previous reports.
A report says the ratio of assets to liabilities reported by public pension systems under new GASB standards will rise and fall far more sharply than the funded...
The growing awareness of increased lifespans is pushing retirement plan participants to look beyond the money and ask how they would like to live that part of their...