Tag: Defined benefit

Putting more into pensions cuts into plan sponsors' operating cash, which should be considered for their DB funding and investment strategies.

Among the eight states studied that offer employees such a choice, the take-up rate of DB plans was 80% or higher in six of those states.

The amendment suggests language a defined benefit sponsor might want to use.

The lawsuit accuses a number of major banks of improper collusion to protect their shares of the securities lending marketplace. 

Cheiron Inc. says 114 plans covering 1.3 million workers are underfunded by $36.4 billion.

Participants successfully challenged Foot Locker’s determination of benefit accruals after the conversion of a traditional pension plan into a cash balance arrangement. 

Experts with the American Academy of Actuaries argue the Annual Funding Notice process required of pension plans under ERISA Section 101(f) is “an example of a good idea...

Overall DB plan costs, costs from changing mortality assumptions and PBGC premium hikes are all factors plan sponsors take into consideration when deciding whether to implement a pension...

Advisers and plan sponsors may think the sanctions bill doesn't affect them, but it does, according to a Groom Law Group Benefits Brief.

Corporate funds saw a quarterly gain of 3.13%, compared to a median return of 2.88% for all plan types, according to the Wilshire TUCS.

With less than generous government retirement income provisions, Americans can benefit from effective advice about managing finances in order to contribute more to retirement savings plans.

PwC finds some DB plan sponsors are using multiple discount rates, and some have moved to mark-to-market accounting.

While most employers outsource administration of frozen and closed DB plans, others team with consultants to set goals, tame plan data and answer questions concerning benefit accruals.

Retirement plan industry stakeholders are asked what objectives and projects the pension insurance agency should prioritize in the years ahead. 

"Employers may want to reevaluate the allocation of benefit dollars to better respond to employees’ needs and concerns,” says Alexa Nerdrum with Willis Towers Watson.

A paper from the American Academy of Actuaries gives examples of which DB plan funding measurements are useful for different plan sponsor situations.

In a notice, the IRS reminds retirement plan sponsors it no longer issues determination letters for individually designed plans.

A study by Willis Towers Watson argues that long-term horizon investing can generate as much as a 1.5% premium per year.