Benefits

Students from the Harris School of Public Policy will offer their best solutions to improve the quality and sustainability of public pensions.

The company is seeking to use proceeds from a pension reversion to pay down debt and avoid insolvency.

Employers who adopt the plans in 2025 must notify their employees by September 1 and have the plans up and running by October 1.

While almost all nurses contribute to a defined contribution plan, only 56% were on track to meet savings goals, per Fidelity.

Participants with at least $2,000 in emergency savings contributed more to their 401(k) accounts and took fewer withdrawals than those without, the firm found.

In a recent study by Mercer, 77% of employers named the management of GLP-1 costs as their top health-benefit issue.

HSA growth continued in 2024, balances topped $146 billion, data collected by the Devenir Group show.

Participants increasingly look to plan sponsors for assistance, as debt looms over their ability to borrow and to save for retirement.

New and enhanced tax credits are driving up small plan adoption, but time is ticking.

Federal tax incentives and other state policy efforts have led to more retirement plans available for employees of small businesses.

Guaranteed income products work like the safety net program, but experts say they may be less likely to help lower-income earners.

State funds will make money this year but may miss their benchmarks, according to Equable.

Five industry experts weigh in on the benefits, the challenges and the misconceptions associated with pooled employer plans.

The New Jersey Economic Development Authority supports New Jersey businesses interested in considering employee-owned retirement plans for participants.

The maturing defined benefit industry offers meaningful retirement security but requires oversight and governance, according to October Three.

The National Conference on Public Employee Retirement Systems cautioned that dismantling U.S. public defined benefit pensions would cost taxpayers.

The Department of Labor’s June jobs report and new MissionSquare research indicate that state and local hiring has risen.

Three academics explored a guaranteed payout path involving defaulting retirement assets into annuities.

The Federal Emergency Management Agency issued a major disaster declaration, clearing the way for assistance.

Both houses of the legislature voted in favor of the FY 2026 budget bill, which includes the provision creating the Massachusetts Secure Choice program.