Asset managers that monitor DB plan funded status found 1% through 1.3% increases last month.
Tag: DB plans
In a statement, ERIC said it is pleased the agency took into account its request for flexibility for DB plan sponsors to potentially delay for one year the use of the new mortality tables for purposes of satisfying minimum funding standards.
Researchers examine three levers that defined benefit plans can use to enhance portfolio outcomes in a low-interest-rate environment.
A technical update provides an alternative method for determining whether reporting an attrition event to the PBGC is required.
The agency is proposing that termination forms may be filed electronically and that plan sponsors be offered a pre-filing consultation.
Aon shows only 6% of U.S. corporate DB plan obligations have actually been settled since 2012.
The relief applies to PBGC premiums, single-employer plan terminations, reportable event notices, annual employer reporting, requests for reconsideration or appeals and multiemployer plan deadlines.
The relief is available for plan years beginning before 2019.