Benefits

Increasingly, smaller retirement plans are adding collective investment trusts to their investment menus.

Employers can provide retirees with Health Reimbursement Arrangements to purchase affordable and customized individual health care coverage.

The winning proposal centered on selling vacant lots in Chicago to generate revenue and drive long-term fiscal sustainability for public pensions.

PEPs continue to grow as options for plan sponsors to the complexity and scale of managing a standalone 401(k) plan.

The aggregate market value funded percentage for U.S. defined benefit multiemployer plans is estimated at 100% as of June 30, according to Milliman.

Health care cost increases are expected to outpace employers’ forecasts for the second year in a row, according to the Business Group on Health.

Legal & General Retirement America projected $11 billion in pension risk transfer deals through the first six months of 2025, down from $26 billion in H1 2024.

The firm will manage recordkeeping responsibilities for Associated General Contractors’ pooled employer plan.

The funded status of the 100 largest corporate defined benefit pension plans improved by $4 billion in July, according to Milliman.

The selected firm will provide technical and administrative expertise for the state auto-IRA program’s development, compliance and more.

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.