Court Dismisses Cash Balance ADEA Charges
July 28, 2010 (PLANSPONSOR.com) – An employer’s cash balance plan did not cut older employees’ accrual rate because of age...
Tag: Cash Balance
Products |
Kravitz Brings Operations to New York Area
July 21, 2010 (PLANSPONSOR.com) – Cash balance plan provider Kravitz announced it has opened a New York office to develop...
Cash Balance Settlement Gets Court Approval
July 20, 2010 (PLANSPONSOR.com) – A settlement of two cash balance pension challenge suits against JPMorgan Chase has won...
Clarity Expands Actuarial Practice
June 21, 2010 (PLANSPONSOR.com) - Clarity in Numbers, LLC (Clarity) today announced its addition of a new...
Alliant Tagged for Pre PPA Whipsaw Calculation
June 9, 2010 (PLANSPONSOR.com) – Alliant Energy Corp. improperly used a 30-year Treasury rate for whipsaw calculations for lump-sum distributions...
AT&T Cleared in Cash Balance Suit
June 9, 2010 (PLANSPONSOR.com) – A federal judge in New Jersey has ruled that AT&T did not violate the Employee...
Court Approves Settlement of Cash Balance Claims against Avnet
April 19, 2010 (PLANSPONSOR.com) – The U.S. District Court for the District of Arizona has approved a $34 million settlement...
PwC Cleared of Anti-cutback Claims over BofA Plan Transfers
April 9, 2010 (PLANSPONSOR.com) – A federal court has dismissed claims that PricewaterhouseCoopers knowingly participated in a violation of the...
Benefits |
Kravitz Report Cites Surge in Cash Balance Plans
April 1, 2010 (PLANSPONSOR.com) – Based on an analysis of government filings, a new report claims that cash...
S.C. Johnson Cleared for Cash Balance Backloading
March 30, 2010 (PLANSPONSOR.com) – S.C. Johnson & Sons Inc. was cleared of wrongdoing in connection with allegations it backloaded...
Participants not Due Additional Benefits Based on Defective SPD
January 29, 2010 (PLANSPONSOR.com) – A federal court has ruled that cash balance plan participants are not due additional benefits...
Products |
Guardian Investment Products Available for Cash Balance Plans
January 27, 2010 (PLANSPONSOR.com) - The Guardian Insurance & Annuity Company, Inc. announced that two of its group retirement products...
Products |
Kravitz to Offer Cash Balance Plan Administration Workshops
January 15, 2010 (PLANSPONSOR.com) – Kravitz, provider of cash balance plan design and administration, is launching a series of free...
Products |
DATAIR Releases PPA Windows Valuation System for Defined Benefit Plans
November 19, 2009 (PLANSPONSOR.com) - DATAIR has announced the latest release of its DB System, described as the...
Verizon Escapes $1.6B Pension Liability
November 5, 2009 (PLANSPONSOR.com) - A federal judge in Illinois who ruled last year that Verizon was bound by the...
Administrative Remedies Need not be Exhausted in Cash Balance Case
October 23, 2009 (PLANSPONSOR.com) - The U.S. District Court for the Eastern District of Kentucky has declined to dismiss a...
Flight from Equities in Cash Balance Plan no ERISA Miscue
October 7, 2009 (PLANSPONSOR.com) - An employer's move to reduce its equity holdings and increase fixed income investments in its...
Products |
New PwC Plan Design Offers DB Funding Flexibility
September 21, 2009 (PLANSPONSOR.com) - Plan sponsors looking for a little breathing room on their defined benefit funding - along...
Court Sends Slimmed-Down Cash Balance Suit on its Way
August 14, 2009 (PLANSPONSOR.com) - JPMorgan Chase & Co. has successfully convinced a federal judge a former employee should be...
Appellate Judges Affirm Years-of-Service Definition for Retirement
July 10, 2009 (PLANSPONSOR.com) - An employer with a legacy cash balance plan could define normal retirement age as the...