Tag: Defined Benefit (DB)

Other limits also remained unchanged according to an IRS Notice, but the annual 415 limit increased.

The parties in the case reached a settlement following an appellate court’s conclusion that only a church can establish a...

Impax expands North America ream; Two Executives join Allianz Life; Northern Trust Asset Management expands leadership; and more.

The updated improvement scale suggests U.S. mortality continues to improve, but at a slower average rate of improvement than previous...

Increases in the premiums for defined benefit plans was provided for in the Bipartisan Budget Act of 2015.

The accrued benefit of a variable benefit plan is tied to market performance, relieving sponsors of having to support underfunded...

Reconsidering its previous decision in light of a Supreme Court ruling, the appellate court again found a lead plaintiff did...

A lot of parties are involved in even a modestly sized pension risk transfer deal; aligning their interests, timelines and...

However, the funded status improvement was modest.

$150 million in pension contributions will go to the company’s two largest pension plans.

The company is offering a lump-sum window to terminated, vested employees and moving some pension obligations to an insurer.

An analysis from the Society of Actuaries finds plans with lower discount rates actually had lower unfunded liabilities.

An analysis by October Three found that for the year, a pension with a more moderate allocation was down more...

SEI contends most companies can handle maintaining a DB plan for less than the cost of offloading it, but there...

An appellate court agreed with a district court that Dignity Health’s pension plan was not a “church plan” under ERISA,...

Plaintiffs in a newly filed lawsuit argue inaccurate liability valuations have resulted in costly pension plan management mistakes. 

The agency has issued a final rule implementing changes proposed in April.

The IRS says final nondiscrimination rules will not be published in time for plan sponsors to make decisions before the...

Rather than a single-sum payment, the IRS believes many participants are better served by having the opportunity to elect to...

A study by State Street shows that a commitment to improved governance standards can have wider benefits for pension plans.