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| Benefits & Administration |
| Millennial Educators Especially Want Retirement Savings Investing Help |
| Saving for retirement ranks as a top long-term financial goal among Millennial educators, yet tackling credit card debt and student loans is a major barrier, according to a new study from Security Benefit. Millennial educators said they need help with retirement planning, especially when it comes to determining an appropriate asset allocation or the best investment vehicle.Read more > |
| OPERS Reduces Return Assumptions |
| The Ohio Public Employees Retirement System (OPERS) Board of Trustees said the move is expected to lower its funding level, but increase the time in which it can pay off liabilities.Read more > |
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| Compliance |
| Dignity Health ‘Church Plan’ Litigation Defeats Dismissal Motions |
| The U.S. District Court for the Northern District of California has denied most, but not all, of the defense’s motions for summary judgement in the case of Rollins v. Dignity Health. The case already made it once to the Supreme Court which helped to clarify what it means to be a “church plan” run by a principal-purpose organization under ERISA—but the underlying facts of the lawsuit are still being fought over. The plaintiffs have already filed an amended complaint to address points in the latest decision.Read more > |
