PBGC Reports Effect of Pension Risk Transfers on Its Premium Income
The agency could see a premium income loss of $196 million for the 2019 premium payment year, but certain trade-offs...
Tag: defined benefit (DB) plans
Products |
BPAS Offers Full DB Service Package
PensionEase combines actuarial benefit calculation services with participant and benefit distribution services.
DuPont Pension Plan Participants’ ERISA Lawsuit Dismissed
A federal district court judge again found no fiduciary acts occurred when a corporate restructuring resulted in DuPont being a...
Most Estimates Show DB Funded Status Declined in September
A decline in equity markets caused funded status to decrease during the month, and firms say DB plan sponsors should...
New York Transit Worker Pension Plans Sue Over Fund Mismanagement
The lawsuit claims an investment manager failed to follow its stated investment strategy during the COVID-19-related market volatility, resulting in...
Providers to DB Plans Face Lawsuit Over Investment Strategy
Because downside protection promised for certain funds wasn’t provided and it wasn’t warned, the committee for defined benefit plans of...
August Emerges as the Best Month for DB Plan Funded Status in 2020
However, firms that track pension plan funded status warn about the potential for more market volatility ahead in 2020.
DB Plans Can Expect Continued Funded Status Issues
The solutions to manage funded status differ for public and corporate plans.
Delphi Retirees Lose Bid to Have Pension Takeover by PBGC Reversed
A federal appellate court found that court adjudication is not required for PBGC to terminate a plan and that retirees...
Technical Ruling Clears UPS in ERISA Actuarial Equivalence Lawsuit
The pro-defense ruling highlights the importance of exhausting potential administrative remedies before filing a lawsuit under ERISA.
Opinions |
COVID-19 Compliance Corner: IRS Clarifies Rules for Delayed DB Plan Contributions
Carol Buckmann, with Cohen & Buckmann P.C., explains legislative provisions or official guidance related to the COVID-19 pandemic that affect...
Canadian Pensions Offer Lessons for U.S. Plan Sponsors
Many Canadian funds manage assets in-house, redeploy resources to investment teams and focus on liability hedging.
Lower Interest Rates Foil Market Rally Impact on DB Plan Funded Status
Firms that monitor DB plan funded status say it is uncertain whether Congress will offer additional funding relief; many plans...
Opinions |
To Keep Pension Plan Liabilities Accurate, Get to Know Participants’ Marital Status
Mindy Zatto and Mary Shah, with Strategic Benefits Advisors, discuss how keeping up with pension plan participants’ marital status can...
Opinions |
COVID-19 Compliance Corner: Impact on Defined Benefit Plans
Each week, Carol Buckmann, with Cohen & Buckmann P.C., will explain legislative provisions or official guidance related to the COVID-19...
Frozen DB Plans Still Require Much Attention
There is nearly as much work to do when a DB plan is frozen as when it’s open, and ignoring...
Parties Bow Out of Case Challenging DB Plan Calculations
The case against American Airlines is one of several alleging that the use of outdated mortality tables in determining DB...
Forty Percent of DB Plans Could Adopt Strategies to Lower PBGC Premiums
Strategies regarding timing and recording of pension contributions translate to millions of dollars in lower PBGC premiums, according to a...
How DB Plans Fare During Volatility Depends Greatly on Portfolio Allocation
Depending on asset allocation, some plans have fared better than others, but the majority are down for the year.
Opinions |
DB Plan Sponsors Should Be Conscious of Liquidity
Tom Cassara and Michael Clark, with River and Mercantile, discuss why pension plan sponsors should pay attention to liquidity and...