Many providers have supported the moves by the House and Senate to effectively slow the creation of state- and city-run retirement plans for the private sector, but other parties are severely disappointed by these actions.
The plan helps private colleges and universities simplify plan administration, manage fiduciary responsibilities, take advantage of expert plan management, and receive economies of scale in administrative and investment pricing.
July 21, 2014 (PLANSPONSOR.com) – A recent posting on the Pension Benefit Guaranty Corporation's (PBGC) Retirement Matters blog discusses multiemployer pension plans and points plan sponsors to basic information about such plans.
April 16, 2014 (PLANSPONSOR.com) – Credit unions providing a 401(k) program to 100 employees or more can save money and streamline their administrative tasks by joining a new multiple employer plan (MEP) administered by CUNA Mutual Group.
March 17, 2014 (PLANSPONSOR.com) - Small plans must be given more latitude to mimic their larger counterparts if the nation is to adequately fund its retirement needs, says Kristi Mitchem, of State Street Global Advisors.