Prepare DB Clients for Lower Equity Returns
Mercer suggests key priorities for DB plan sponsors for 2018.
Tag: DB plans
PBGC Increases Penalties for Failing to Provide Reports, Disclosures
However, the agency says it is uncommon for it to assess information penalties.
Provisions of Tax Reform Could Affect DB Plan Sponsor Strategies
DB plan sponsors may want to make a voluntary contribution to their plans in 2018 to claim a deduction at their former, higher tax rate, according to Michael...
Splitting Up DB Plans Can Reduce PBGC Premiums
DB plan sponsor clients may want to consider a strategy to reduce PBGC variable-rate premiums.
PBGC Offers Missing Participants Program to DC Plans
A final rule opens the current program to terminated DC plans and small professional service defined benefit plans.
PBGC Provides New Table for Determining Expected Retirement Ages
The new table is for single-employer pension plans undergoing distress or involuntary termination with valuation dates falling in 2018.
Updated Mortality Tables for 2019 Published
The IRS notice also includes a modified unisex version of the mortality tables for use in determining minimum present value for distributions with annuity starting dates that occur...
LDI Moves to the Fore for DB Plans
Cerulli posits that LDI, when implemented effectively, can be “the ultimate custom solution.”
Court Finds Sponsor Cannot Fully Delegate ERISA Fiduciary Responsibilities
A federal district court denied a DB plan sponsor's attempt to pass liability for improper plan termination to its plan provider.
Report Suggests Strategy for Improving DB Plan Funded Status
According to Cambridge Associates, DB plan fiduciaries should coordinate across four “levers” that can help improve funded status and mitigate negative impacts of under-funding on corporate financials.
PBGC Wants to Keep Requiring Disclosures for Distressed DB Plan Terminations
The agency has requested that the OMB continue to allow it to do so.