Tag: multiemployer pension plans

In a hearing, lawmakers heard about how the multiemployer pension plan crisis is affecting employers, employees and the economy today,...

In addition, in a new 2019 State Retirement Security Blueprint, the Insured Retirement Institute (IRI) says the creation of state-run...

Jonathan Barry, MFS Investment Management, discusses key trends retirement plan sponsors may expect to see this year, as well as...

Employees of Kroger say Central States’ plan trustees refused to negotiate a proposal with them after they filed an ERISA...

If legislation allowing for open multiple employer plans (MEPs) is passed, it will be a while before implementation, and changes...

“Equity exposure weighed on plan performance in the fourth quarter,” says Jason Schwarz, president, Wilshire Analytics and Wilshire Funds Management.

The proposed amendments would affect the determination of a withdrawing employer's liability under a multiemployer plan and annual withdrawal liability...

The bipartisan bill, which enjoys broad industry support, would add flexibility for small businesses to join multiple employer plans, among...

The bipartisan legislation is designed to help close the $7.7 trillion retirement savings gap. 

The bill would establish a Pension Rehabilitation Administration (PRA)—an entirely new agency within the Department of the Treasury authorized to...

Many industry groups that submitted comments to the DOL argued that the plain language of Section 3(5) of the Employee...

The early financial assistance from PBGC, together with benefit reductions that are required as a condition for receiving assistance, will...

The new instructions include an expanded list of common filing errors.

Of the 66% who responded in favor of the plans, 55% stated the likelihood of lowered costs for themselves is...

Michael Barry, president of October Three (O3) Plan Advisory Services LLC, discusses the multiemployer pension plan crisis, who may be...

The Pension Analytics Group says the only solution is to reduce benefits across the board, or many of these plans...

Senators and co-chairmen Orrin Hatch and Sherrod Brown said they missed their stated deadline for voting on a package of...

The assistance, along with benefit reductions, will help the plan avoid insolvency.

The pension insurance organization says the financial condition of both its single employer and multiemployer insurance programs have improved, but...