Post-retirement benefits are pension, health, and other welfare programs that the employer agrees to provide once a full-time employee has left the company. Benefits may start immediately after retirement or may be delayed until the retiree reaches a certain age.
They can include post-retirement health care, life insurance provided outside a retirement plan, as well as other services such as estate planning, housing subsidies, or cbontinuing education assistance.
As the Baby Boomers head into their retirement years benefit programs—particularly those covering a post-retirement period—are likely to dominate the agenda of talented older workers concerned about a comfortable retirement.
May 20, 2013
Early Boomers Last to Retire Comfortably
Early Boomers Last to Retire Comfortably
May 20, 2013 (PLANSPONSOR.com) – Early boomers, born between 1946 and 1955, may be the last group with enough savings to maintain financial security through their retirement, according to a study.
Kevin McGuinness
editors@plansponsor.com
The study, “Reti
May 20, 2013
Retirement Income Sources Depend on Income, Age
Retirement Income Sources Depend on Income, Age
May 20, 2013 (PLANSPONSOR.com) – Both income and age affect how preretirees foresee funding for their retirement, according to a recent Gallup poll.
Kevin McGuinness
editors@plansponsor.com
Gallup’s “Economy and Personal Finance” poll found that a
May 17, 2013
ERRP Will Sunset at Start of 2014
ERRP Will Sunset at Start of 2014
May 17, 2013 (PLANSPONSOR.com) – The Early Retiree Reinsurance Program (ERRP) will terminate January 1, 2014.
Kevin McGuinness
editors@plansponsor.com
An announcement in the Federal Register details how operational processes will be impacted by this upcomin
May 15, 2013
Retirees Will Need Almost Quarter Million for Health Care
Retirees Will Need Almost Quarter Million for Health Care
May 15, 2013 (PLANSPONSOR.com) – Couples that retire this year will need $220,000 to pay for health care expenses throughout their retirement, according to recent estimates by Fidelity Investments.
Kevin McGuinness
editors@plansponsor.com