What Will Retirement Plan Access, and Employer Benefits Look Like in 2026?
Industry experts polled for Transamerica research expect a wide range of financial well-being benefits will be common by 2026.
Tag: cash balance plans
Benefits |
DB Summit: Alternative DB Plan Designs
Experts explained the advantages of cash balance DB plans and variable plans that offer a set payday without losing the...
Benefits |
Cash Balance Plans Gain in Popularity
Combining features of DB and DC plans, these hybrids especially appeal to small and midsize businesses.
Plaintiffs Move for Settlement Approval in 16-Year ERISA Case
The class action suit sought compensation for pension plan lump-sum payments whose value had been undercalculated.
Plan Sponsors and Participants Cite Different ‘Important’ Benefits
Although attention to workplace benefits has increased among employers, a new Transamerica Institute survey reveals a chasm between the benefits...
Data Shows Popularity of Cash Balance Plans
They are viewed as less risky than traditional DB plans, easier to manage, easier for employees to understand, and are...
Could There Be a Renewed Interest in DB Plans?
There are plan designs that decrease the risk and volatility for plan sponsors, and defined benefit plans offer the guaranteed...
Colgate May Have to Make Additional Payments to Retirees
A court ordered Colgate-Palmolive to recalculate benefits paid to certain retirees from its cash balance plan but stayed the relief...
Benefits |
Small Business Employers are Freezing Cash Balance Plans
Amid the pandemic, many are pausing their cash balance plans out of concern that there could be insufficient cash on...
Opinions |
Solving the Cash Balance Investment Problem
John Lowell, with October Three Consulting, discusses how a market-based cash balance plan design provides for a less complicated way...
Don’t Put Your Head in the Sand Because of Cash Balance Liability Complexity
Cash balance plans may have the most complex liabilities to manage, but creating a clear strategy to manage risks will...
2nd Circuit Again Remands Decade-Old PwC ERISA Litigation
The appellate court disagreed with a lower court finding that reformation of PwC's cash balance plan and the recalculation of...
Court Ends Dispute of Proper Remedy in Amara v. Cigna
A federal district court has refused to reconsider its ruling that Cigna is carrying out its orders correctly in the...
Could New DB Plan Designs Solve for Retirement Savings Inadequacy and Inequality?
Recent studies find 401(k)s have increased retirement savings gaps among demographic groups, and those in 401(k)s have not met their...
CIGNA Faces New Allegations in Long-Standing ‘Plan Reformation’ Suit
Plaintiffs in the case allege that CIGNA is not following new calculations ordered by a federal court to remedy its...
Products |
Steidle Announces 2019 Pricing for Cash Balance and DB Plan Administration
Steidle Pension Solutions’ comprehensive services include testing, calculations, plan valuation, document services, actuary certification, Form 5500 preparation, and more.
Cash Balance Plans Need Different Administration Systems Than Traditional DB Plans
The characteristics of cash balance plans that are similar to defined contribution plans create a need for different technology than...
Lawsuit Argues MetLife Pension Calculations Use Outdated Mortality Table
A newly filed complaint takes issue with the way MetLife calculates the actuarial equivalence of different types of annuity benefit...
Considerations for Changing the Interest Crediting Rate in a Cash Balance Plan
In an issue snapshot, the Internal Revenue Service (IRS) discusses when a cash balance plan amendment reduces (or potentially reduces)...