Browsing Tag
DB plan
4 posts
NIRS Urges Pension Coverage for Private Sector to Senate HELP Committee
A NIRS brief provides six recommendations for Congress to consider in broadening pension coverage for private-sector workers
401(k) Market Minute: Disney’s ‘Mature’ Magic Kingdom, Fidelity’s Record-Breaking 401(k) Balances, and More
It’s the happiest retirement place on earth. The Walt Disney Company launched a new business called “Storyliving by…
Massive Market Gains Fail to Improve Pension Plan Health
Strong stock market performance in 2019 didn’t translate to many corporate pension plans, according to Willis Towers Watson.…
MIT Contest Seeks Retirement Saving Plan Replacement
The writing is on the wall for defined benefit (DB) plans, and everybody knows it. They’re all but extinct in the private sector and headed in the same direction within the public. Still some employers, particularly cities and states, are clinging to the DB model despite its prohibitive costs and unsustainable nature.