Wednesday, January 18th, 2023 A biweekly topical newsletter from PLANSPONSOR DB Plans Information about defined benefit (DB) plan designs, administration and investment strategies. SPONSORED AD Compliance Ibuprofen Stock Surges as Plan Sponsors Read New DB Plan Rules in SECURE SECURE 2.0 makes several regulatory and disclosure changes for DB plans. Compliance What Does SECURE 2.0 Mean for Cash Balance Plans? SECURE 2.0 will make backloading easier and clarify the test process. Data and Research Spending of Pension Benefits Drove Economic Gains in 2020, Despite COVID-19 Outbreak NIRS report shows pension expenditures supported $1.3 trillion in economic output in the first year of the pandemic. Compliance Key Actuarial Changes for Public Pension Plans in 2023 The Actuarial Standards Board approved changes for public pension plans’ investment portfolio risk assessments, disclosures of employer contributions and investment gain/loss analyses.   Benefits Central States Teamsters Pension Fund Becomes the Largest SFA Rescue The multiemployer plan will receive $35.8 billion in assistance, making it the largest bailout under the Special Financial Assistance program administered by the PBGC. Fiduciary Forum DB Plan Investments Fiduciaries may look to alternative financial assets vs. mutual funds Did someone forward you this newsletter? Sign up here to get PLANSPONSOR Spotlight directly in your mailbox!

Unsubscribe | Manage Subscriptions | Contact Us Copyright ©2024 Asset International, Inc. All rights reserved. No reproduction without prior authorization. Modern Slavery Statement 2022 | Do Not Sell My Personal Information | Privacy (including cookies), Social Media & Legal 702 King Farm Boulevard, Suite 300, Rockville, MD 20850