September 24, 2014 (PLANSPONSOR.com) – Sponsors of hybrid retirement plans for employees now have clarity about how to credit interest to these plans.
Tag: Cash balance/Hybrid
September 19, 2014 (PLANSPONSOR.com) – The Internal Revenue Service (IRS) has issued final regulations for hybrid retirement plans.
September 17, 2014 (PLANSPONSOR.com) – A Madison, Wisconsin-based hospital has agreed to settle a lawsuit brought by cash balance plan participants rather than face a large class action suit.
August 4, 2014 (PLANSPONSOR.com) – Eastman Kodak Company is moving employees from a traditional defined benefit pension plan to a cash balance pension plan.
August 1, 2014 (PLANSPONSOR.com) – An alternative plan design, such as a cash balance plan that would allow participants to earn future benefits gradually throughout their careers could generate larger pensions for many Illinois teachers, the Urban Institute suggests.
July 15, 2014 (PLANSPONSOR.com) - Pinnacle Plan Design hired Lauren Okum as a consulting actuary.
July 1, 2014 (PLANSPONSOR.com) – The number of cash balance retirement plans has increased, according to a report from Kravitz, Inc.
March 26, 2014 (PLANSPONSOR.com) - One can’t talk about pensions today without discussing de-risking.
February 24, 2014 (PLANSPONSOR.com) - A federal appeals court has found a retirement plan participant need not show “harm” to pursue a remedy of plan reformation for failing to disclose information.
February 14, 2014 (PLANSPONSOR.com) – As traditional defined benefit pension plans are placing a strain on state and local budgets, policymakers across the country are taking a closer look at alternative ways to design a retirement plan.
February 4, 2014 (PLANSPONSOR.com) – For smaller plan sponsors, there’s a range of plans to consider.
January 24, 2014 (PLANSPONSOR.com) – The Internal Revenue Service (IRS) intends to expand its pre-approved defined benefit plan program to permit plans with certain cash balance features to be submitted by sponsors and practitioners.
August 12, 2013 (PLANSPONSOR.com) – A district court has again decided “five years of service” is not a valid normal retirement age (NRA) to use for a cash balance plan.
July 31, 2013 (PLANSPONSOR.com) – The Illinois-based DATAIR Employee Benefit Systems, Inc., has released a new suite of software, training and support services for consultants and administrators of 401(k) plans.
July 5, 2013 (PLANSPONSOR.com) – Participants in Solvay Chemicals’ pension plan were unable to prove its violation of notice requirements was an egregious act.
July 1, 2013 (PLANSPONSOR.com) – The Supreme Court of Louisiana reaffirmed that a law concerning state retirement programs was enacted in violation of that state’s constitution.
June 28, 2013 (PLANSPONSOR.com) – There are many factors that contribute to how much retirement income a plan will generate, according to a new analysis.
June 12, 2013 (PLANSPONSOR.com) – Cash balance retirement plans have showed a 500% increase over the last decade and a 12% increase over the last year, a new report indicates.
April 19, 2013 (PLANSPONSOR.com) – Cash balance plans are growing in popularity and could overtake 401(k) retirement plans within the next few years, according to research from Sage Advisory Services.
April 9, 2013 (PLANSPONSOR.com) – An appeals court recently affirmed a previous award of unpaid pension benefits, but reversed the pre-judgment interest, claiming it is inadequate.