February 2017 Pension Finance Update

Pension sponsors enjoyed a second month of modest improvement in finances during February on the strength of strong stock markets. Both model pension plans we track1 gained ground again last month: Plan A improved 1% in February and is now up 2% this year, while Plan B added a fraction and is now up almost… Read More

How a large professional service firm saved big on PBGC premiums

PROBLEM Company was unaware their actions/inactions had caused them to pay more than $800,000 in PBGC premiums than they needed to pay over the last 6 years. The overpayment wasn’t their fault for they had no clue they could make simple changes and greatly reduce premiums. They were relying on their actuary to tell them… Read More

Fundamentals of PBGC Premiums

The Pension Benefit Guaranty Corporation (PBGC) was created as part of the Employee Retirement Income Security Act of 1974 (ERISA) to insure benefits for participants in qualified defined benefit plans in the event employers who sponsor these plans are unable to fulfill their commitments. The PBGC oversees two programs, one for “single-employer” plans and another… Read More

Possible update to state mandatory private sector auto-IRA programs

In this article we briefly review two recent developments in the initiative by certain states (and certain large cities) to require private sector employers that do not offer a retirement plan to provide an auto-IRA for their employees. Background A number of states are considering implementing programs that would require employers that do not offer… Read More

January 2017 Pension Finance Update

Pension sponsors enjoyed a modest boost in January on the strength of higher stock markets and steady interest rates during the month. Both model pension plans we track1 were up last month: Plan A gained a bit more than 1%, while Plan B gained less than 1%: Assets Equity markets gained ground in January: the… Read More

Federal court rules in favor DOL in Conflict of Interst rule lawsuit

On February 8, 2017, the United States District Court for the Northern District of Texas (Dallas Division) ruled in favor of the Department of Labor in Chamber Of Commerce of the United States of America, et al. v. Edward Hugler, Acting Secretary of Labor, the lawsuit brought by the Chamber of Commerce and other industry… Read More

More 401(k) Bashing, And a Fix (reprinted from HRE)

I posted here earlier this month about a provocative Wall Street Journal piece in which the creators and early adopters of the 401(k) retirement-savings vehicle lament the revolution they started. Their point: They had no intention of watching the concept turn into the sole — and highly inadequate — savings receptacle for employees. Now, on… Read More

Current outlook – February 2017

In this current outlook we review: (1) DOL’s proposed change to ERISA proxy voting rules to provide for consideration of Economically Targeted Investments (ETI) and Environmental, Social, and Governance (ESG) factors; (2) the Ninth Circuit’s ruling in Tibble allowing plaintiffs to proceed with their failure-to-monitor claim; (3) the current status of Oregon’s mandatory private employer… Read More

友情链: im体育账号_im体育下载安装苹果版_im 体育注册入口 | im体育游戏 IM体育竞猜平台|im体育下载 | im体育app平台下载|im体育在线app首页 - im国际体育客户端 | IM体育软件~im体育 im体育平台_im国际体育app在线下载 | IM体育专家-im体育科技 - im国际体育手机登陆v4.1.27 Android 版 | im体育电竞足球_im体育下载苹果 _ im国际体育真人 | im电竞体育靠谱,im体育在线app官网-im国际体育代理网 |