Accenture Completes Pension Risk Termination
American General Life Insurance Company and Massachusetts Mutual Life Insurance Company have agreed to take on $1 billion of Accenture’s...
Tag: Defined Benefit
Pension Cuts Have Public Employees Worried
The overwhelming majority worry that they will run out of money in retirement.
Supreme Court Ruling Did Not Resolve Church Plan Challenges
The next stage will be to determine if the hospital boards or plan committees fit within the principal-purpose definition and...
May DB Funded Status Measures Mixed
The differences depend on what DB plans are tracked or how DB funded status is tracked.
Benefits |
PSNC 2017: Retirement Security at an Inflection Point
“We are at a unique inflection point in history, with a number of forces converging simultaneously that are forever changing...
Supreme Court Offers Interpretation of Definition of Church Plan
Looking at the definition of “church plan” in ERISA, the high court concluded that a plan maintained by a principal-purpose...
SOA Review Shows Positive Funding Picture for DB Plans
Using the smoothed assets as allowed and smoothed bond rates require by current law to discount the liability, the 2014...
Retirement Policies Need to Change to Address Longer Life Expectancy
Looking at the U.S. specifically, the shortfall of retirement savings needed is growing at a rate of $3 trillion each...
State and Local Governments Increased Pension Contributions by 6.5%
Their contributions rose by $8.5 billion.
FedEx Faces Challenge of Pension Calculations Under USERRA
The lawsuit claims FedEx did not apply the formula for calculating pension benefits that USERRA requires for military-member employees whose...
Pension Funding Improves in Q1 17
The funding increase was due to a 4% gain in asset value that offset a 1% liability increase, according to...
Parties Reach Settlement in Church Plan Challenge
Franciscan Missionaries of Our Lady Health System has agreed to make payments to its pension plans over five years.
DOL Investigating 3M Pension Plan
The DOL stated its investigation relates to certain private equity investments, plan expenses, securities lending, and distributions of plan benefits.
Equity Rally Helped Pension Funding in April
While one source says pension funded status remained level and another says it dipped in April, both agree equity markets...
Willis Towers Watson Supports OCIO Model for DB Plans
In a report, the firm aims to challenge five myths about using OCIOs.
Market Returns Help Boost Institutional Investor Returns
“This quarter’s return boosted the one-year return to 10.49% for the year ending March 31, 2017,” says Robert J. Waid,...
Proposed Mortality Assumptions Will Increase DB Plan Costs
The Society of Actuaries estimates an increase in funding target liabilities, PBGC premiums and minimum required contributions.
Opinions |
Managing Pension Risks Comes at a Cost
Best practices for financial institutions that sponsor defined benefit plans.
Factors Aligning to Accelerate Pension Activity
This includes pre-funding, terminations and buy-outs, according to Mercer.
DB Plan Funded Status Moving in the Right Direction
Several analyses show funded status improvement for the month of March as well as the first quarter.