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| Benefits & Administration |
| DC Health Plan Adoption Set to Grow |
| A new study shows an increased interest by
employers in defined contribution (DC) health plans. The Healthcare Trends
Institute polled more than 250 human resource executives, benefits managers and
benefits decision makers from companies of various sizes and industries in
September through November 2014 and found 77.5% have some familiarity with DC
health plans, compared to 59.4% last year. More than 61% of employers indicated
they are looking into offering a DC health plan for 2016.Read more > |
| Corporate pension plans, public pension plans,
foundations and endowments all missed their return targets for January 2015,
according to the BNY Mellon Investment Strategy and Solutions Group (ISSG). The
funded status of the typical U.S. corporate pension plan declined 4.9% to reach
82.4% by the end of January, propelled downward as the interest rate that
determines future liabilities fell to an all-time low, BNY Mellon ISSG says.Read more > |
| The aggregate funded ratio for U.S. corporate
pension plans declined to 74.3% for the month of January, according to Wilshire
Consulting. The decrease in funding was the result of a greater increase in
liability value versus a smaller increase in asset value.Read more > |
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| Products, Deals & People |
| ERISApedia Provides ERISA Answers |
| With a platform that combines search tools and a
user-friendly interface, the website ERISApedia.com provides answers to common
questions asked by retirement plan sponsors and service providers. Included on
the website is “The Qualified Plan eSource,” a discourse designed for Employee
Retirement Income Security Act (ERISA) professionals working with defined
contribution plans. Written by industry expert Timothy McCutcheon, the document
contributes answers in an easy-access format with direct links to government
source materials.Read more > |
