Browsing Tag
Pensions
72 posts
New AIG Offering Integrates Retirement Plans and Pensions
Through the integration of defined contribution (DC) and defined benefit (DB) plans, AIG says its new “Total Retirement…
Police Union Officials Accused of Retirement Plan Theft
It hurts more when done by those sworn to protect. Former state trooper Kenneth Wynder Jr., president of…
Benefits Survey Reveals Who Favors What Type of Retirement Plan
A recently released employee benefits survey found traditional 401k plans remain the most popular employer-sponsored retirement plan, offered…
Supreme Court Limits Fiduciary Breach Lawsuits
The U. S. Supreme Court ruled 5-4 Monday that workers can’t accuse pension plan administrators of mismanaging their…
Is There Really a Retirement Crisis?
NOT TO DIMINISH the severity of recent coronavirus-fueled market events, but it’s not exactly news to note the…
Dem-Proposed ‘Heroes Act’ Includes Further RMD, Pension Relief
A number of retirement provisions are included in the sprawling 1,815-page HEROES Act, released by House Democrats on…
‘CARES 2’ Could Include More RMD Relief
RMD relief in next stimulus could ease required withdrawals. See what Congress may change and how it could affect 401k and IRA savers.
Public Pensions Get Hammered in Q1 2020
Public pension plans shed $419B in Q1 2020 as COVID-19 volatility drove historic declines in funding ratios, Milliman reports.
Pension Plans Facing Uniquely Painful Challenges
Pretty much everything related to retirement savings—401(k)s included—has taken a big hit due to the coronavirus pandemic, but…
Will Coronavirus tip CalPERS Toward 401(k)s?
The California Public Employees’ Retirement System (CalPERS) has lost about $68 billion in market value since January, thanks…