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August 2nd, 2022 Information & Insights for the 403(b) Community Public Pensions’ Assumed Rate of Return Falls Below 7% The investment return rate has dropped to its lowest level in over 40 years, says NASRA. Where Does the Securing a Strong Retirement Act Stand? Experts are optimistic regarding the future of the retirement reform legislation that seeks to build on the SECURE Act, but some uncertainty remains. Ask the Experts Should Each Recordkeeper Use Its Own Plan Document? "We sponsor an ERISA 403(b) plan with two recordkeepers. Should each recordkeeper be using its own preapproved plan document as the plan document for the plan, so that the plan essentially has two documents?" Plan Sponsors Are Exploring Renewed Pensions Employers are exploring workplace benefit enhancements to retirement plans to address feelings of financial insecurity and attract and retain employees.    Inflation Slowing Workers’ Retirement Saving Inflation is the top challenge to saving for retirement, according to a new survey from Schwab Retirement Plan Services. Did someone forward you this newsletter? Sign up here to get (b)lines directly in your mailbox!

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