Given a Choice, Public Sector Employees Choose DB Over DC
Among the eight states studied that offer employees such a choice, the take-up rate of DB plans was 80% or...
Tag: Defined Benefit
IRS Issues Amendments for Bifurcated DB Distribution
The amendment suggests language a defined benefit sponsor might want to use.
As Many as 114 Multiemployer Pension Plans Expected to Fail Within 20 Years
Cheiron Inc. says the plans, covering 1.3 million workers, are underfunded by $36.4 billion.
Appellate Court Weighs Foot Locker Cash Balance Disclosure Failures
The appellate court and district court both agree that Foot Locker did not adequately disclose to participants the possibility of...
Actuaries Propose Simplified Pension Funding Notices
The Annual Funding Notice requirements implemented by the Pension Protection Act have been somewhat helpful but could be significantly improved,...
Cost Concerns Driving Pension Risk Transfer Decisions
Even the plan sponsors that have not implemented a pension risk transfer say costs from changing mortality assumptions and rising...
Court Decision Leaves Open Question of Responsibility for Government Plans
In addition, the 5th Circuit found a settlement agreement between Singing River Health System and its current and former employees...
Institutional Investors Post Seventh Quarter of Positive Returns
Corporate funds led gains for the second quarter of 2017, according to the Wilshire TUCS.
PBGC Multiemployer Program Still Projected to Become Insolvent
However, the single-employer program is likely to eliminate its deficit within the next three to seven years.
Equity Returns Gave Pension Funding a Boost in July
Providers that track pension funding status note that interest rates could affect funding levels for the rest of this year.
Some DB Plans Changing Accounting Measures
Most companies used a single weighted average discount rate to measure the interest cost and service cost components of benefit...
Cost Considerations When Freezing Your DB Plan
Just because a plan is frozen, doesn’t mean fees will go away altogether.
Not All With Access to Retirement Plan Use It
Among private-industry workers, 66% had access to a retirement plan, but only 75% of this group either chose to or...
Benefits |
Employers Have Shifted Allocation of Benefits Dollars
There seems to be a disconnect between employees’ primary concerns, needs and preferences and the reshuffling of employer dollars, Willis...
There Is No Single 'Right' Measurement for DB Plan Funding
The purpose of the measurement determines which number is “right,” according to the American Academy of Actuaries.
Pension Funded Status Sees Decline for June and Q2 2017
Still, funded status is up for the year, according to one firm’s estimates.
The Case for Long-Horizon Investing in DB Plans
Long-horizon investing can generate up to a 1.5% premium on returns, according to a Willis Towers Watson study that modeled...
The Hartford Transfers 29% of Pension Plan Obligations
The company will be purchasing a group annuity contract from Prudential.