(b)Lines Information and Insights for the 403(b) community / brought to you by PLANSPONSOR.
September 27th, 2016

2017 Award Nominations Are Open

Nomination forms for the 2017 PLANSPONSOR Plan Sponsor of the Year Awards and Retirement Plan Adviser of the Year awards are now available.Read more >

Supreme Court Stays Relief in Dignity Health Plan Case

Supreme Court Justice Anthony Kennedy has granted a stay of a court’s mandate that Dignity Health get its pension plan in compliance with the Employee Retirement Income Security Act (ERISA) until a decision is made on the health care provider’s petition for writ of certiorari of its lawsuit.Read more >

Costly Actuarial Errors Alleged in New Provider Lawsuit

UPMC claims that from its acquisition of Altoona Regional Health System, actuarial consultants misstated Altoona’s pension plans’ projected benefit obligations.Read more >
Changes to Consider As Plan Size Grows
I work for a rapidly-growing nonprofit that just two years ago had a handful of employees; now, we have more than 100. We have sponsored an Employee Retirement Income Security Act (ERISA) 403(b) plan since the inception of the firm. Are there areas of plan governance to which a growing firm such as ours should pay particular attention?”Read more >

As Pensions Fade, Retirees Will Need More Savings

Future retirees will need upwards of $400,000 to make up for the pension income shortfall, the Insured Retirement Institute (IRI) says.Read more >

Online Connection to Accounts Can Boost Savings

Investors who frequently use online tools and consult with a financial adviser have higher savings than those who do not, according to a survey by The PNC Financial Services Group, Inc.Read more >

Cammack Expands into Southeast With Addition of Consultant

Cammack Retirement Group has hired Joey Payne as vice president and senior consultant. He is tasked with providing the firm’s services to colleges and universities, as well as other nonprofits, health care organizations, and corporate plan sponsors.Read more >

Editorial: Alison Cooke Mintzer alison.mintzer@strategic-i.com

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