PLANSPONSOR Weekend Newsdash
Week ending April 29th, 2016
Happy Friday, PLANSPONSOR readers! This week, we released our 2nd annual participant survey, and other research offered a clue as to why annuity use is relatively low. However, perhaps the most important news came from the government and the courts. Among other things, a federal appellate court switched the burden of proof to the employer for proving an employee is entitled to benefits; although Pension Benefit Guaranty Corporation (PBGC) premiums are rising, the agency wants to provide relief for late payment penalties; and the Internal Revenue Service (IRS) issued a final rule for the controversial suspension of benefits provision of the Multiemployer Pension Reform Act of 2014 (MPRA). All this and more in this week’s edition of PLANSPONSOR Weekend.
Editor's choice
PLANSPONSOR’s 2016 Participant Survey
Understanding participant perspectives.Read more >
Data and Research
Thoughts of Mortality May Inhibit Annuity Use
Researchers found discussing annuities caused people to think about their death, which may explain why few retirees use annuities.Read more >
Appellate Court Switches Burden of Proof for Benefits Claim
The court found the employer, not the participant, had access to key information to prove the participant was entitled to pension benefits.Read more >
PBGC Aims for Reduced Late Premium Penalties
PBGC director says penalties “should be no more than necessary to encourage timely payments.”Read more >
IRS Issues Final Rules for Multiemployer Plan Suspension of Benefits
The final rule includes limitations on suspensions, requirements for benefit improvements, notice requirements and details of the approval or rejection process.Read more >
What Participants Want From Employers’ Retirement Plan Websites

A recent study found 81% of participants have logged into their accounts, with most signing in to check account balances or review investment options.

2021 Recordkeeping Survey
DOL’s Next Moves
What’s in store for the rest of the year?
Allowing for After-Tax Contributions in a 401(a) Plan

Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.

TRIVIAL PURSUITS: How Many States Are in More Than One Time Zone?
Some states are in more than one time zone.

Editorial: Alison Cooke Mintzer


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