Data and Research | May 22nd, 2019 Multiemployer Pensions Support $89 Billion in U.S. Economic Output A report from the National Institute on Retirement Security shows spending from retirees that receive income from multiemployer pension plans...
Administration | May 22nd, 2019 Considering Balance Sheet Issues for Pension Risk Transfers A pension risk transfer (PRT) to terminate a defined benefit (DB) plan reflects heavily on a plan sponsor’s balance sheet,...
Investing | May 14th, 2019 Institutional Plan Returns Rebound in Q1 2019 According to Northern Trust, Corporate Employee Retirement Income Security Act (ERISA) pension plans had the best first quarter on a...
Compliance | May 10th, 2019 PBGC Proposes New Coverage Determination Forms Plan sponsors may submit a determination of coverage request for four common types of DB plans.
Administration | May 9th, 2019 DB Plan Sponsors Should Act Now to De-Risk and Lock In Funding Gains With most companies that track defined benefit (DB) plan funded status showing an improvement in April and for the year,...
Administration | May 6th, 2019 Q4 2018 Volatility Leads DB Sponsors to Focus More on Risk Asked what they plan to look for in asset management searches in the next 12 months, the majority of mid-sized...
Administration | April 29th, 2019 Employer Contributions Aid in DB Plan Funding Progress An analysis from the Society of Actuaries suggests the majority of defined benefit (DB) plan sponsors are making sufficient contributions...
Administration | April 16th, 2019 Largest DB Plan Sponsors Adjust Policies to Manage Risks The latest report from Russell Investments shows the largest defined benefit (DB) plan sponsors have shifted more to fixed income...
Investing | April 11th, 2019 DB Plans Can Afford to Loosen Up on Target Allocations Two separate reports suggest that public pension plans’ strict adherence to target allocations and corporate pension plans’ focus on bonds...
Administration | April 9th, 2019 Pension Funded Status Down in March but Up for Q1 2019 Lower discount rates increased liabilities in March, but companies that monitor defined benefit (DB) plan funded status estimate a 1%...
Products | April 3rd, 2019 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.
Compliance | April 2nd, 2019 IRS Updates Operational Compliance List for Retirement Plans 2019 items for which plan amendments may be needed include changes to hardship withdrawal regulations, retirement plan relief for victims...
Opinions | April 2nd, 2019 DB Plan Termination Readiness Assessments: Lessons Learned Lauren Meyer and Kevin Morrison, River and Mercantile Solutions, discuss critical areas to consider in order to determine defined benefit...
Compliance | March 25th, 2019 IRS Updates Mortality Tables for DB Plans The updated mortality improvement rates and static tables apply for purposes of calculating a defined benefit (DB) plan’s funding target...
Data and Research | March 22nd, 2019 Fourth Quarter Volatility Wipes Out DB Plans’ Funding Status Gains Pension plans’ funding rose a mere 70 basis points last year, according to Goldman Sachs Asset Management.
Data and Research | March 20th, 2019 Pension Risk Transfers Help Largest DB Plans Reduce PBGC Premiums J.P. Morgan’s “Corporate Pension Peer Analysis 2018,” says 2018 was the largest asset allocation de-risking year for defined benefit (DB)...
Administration | March 11th, 2019 DB Plans See Funded Status Gains of Up to 2% in February Firms that monitor defined benefit (DB) plan funded status attribute the increase to strong equity market performance.
Compliance | March 11th, 2019 IRS Reverses Course on Lump-Sum Payment Windows to Certain Retirees The IRS had previously put a halt to the practice of defined benefit (DB) plan sponsors offering lump-sum windows to...
Opinions | March 5th, 2019 Expanding the Credit Universe: Managing Credit Migration Risk for DB Plans Pierre Couture and Brett Cornwell, with Voya Investment Management, discuss the increase in BBB bond issuance and how this affects...
Compliance | February 28th, 2019 PBGC Seeks Recovery of Investment Losses for Terminated Retirement Plan The lawsuit claims owners of Freedom Communications made ill-advised, highly speculative investments which caused the pension plan to lose tens...