Results for Pension Plans

The stock market has soared, but pension funds continue to struggle, jeopardizing benefits for workers.

The Multiemployer Pension Reform Act of 2014 (MPRA) gives the trustees of certain underfunded multiemployer plans that meet the definition of being in “critical and declining” status almost unprecedented authority to cut retiree pension benefits.

Retirement security is tricky. Traditional defined benefit plans have contribution volatility that is difficult for sponsors to manage. Defined contribution ...

You're counting on pension benefits in retirement. But how secure is your pension plan? We offer some guidance, including a pension calculator, to help you find out.

Almost all private retirement plans are required to comply with federal pension and tax laws. There is only one major exception: Church pension plans. Employees covered by church pension plans are denied the basic protections provided to virtually all other private-sector workers who participate in pension plans.

PLEASE NOTE CPE IS NOT AVAILABLE FOR RECORDED WEBINARS. GASB’s standards on financial reporting for pensions could have a significant effect on government organizations. Daniel Clark and Brian Mosier from Clark Schaefer Hackett provide an…

Download a free copy of the "Guide to Implementation of GASB Statement 67 on Financial Reporting for Pension Plans" today. The guide is designed to assist preparers and auditors of state and local government pension plan financial reports as they prepare to implement the standards, effective after June 15, 2013.

While all defined benefit schemes on the FTSE 350 saw funding levels fall in 2016, smaller pensions were hardest hit, Goldman Sachs Asset Management found in a new report.

Artis Gilmore, Jacksonville's basketball legend of the '70s and '80s, believes he's due a pension payment for his years of playing in

In the inaugural Milliman Public Pension Funding Study ,* the aggregate funded status of the 100 largest public pension plans was reported to be 69.8% using information reported by the funds and the market value of assets. Some observers have commented that, because the funded ratio is less that 80%, public pension plans are in trouble. Maybe, maybe not
The funded ratio of a pension plan is the value of plan assets divided by the value of plan liabilities. It is sometimes calculated…

When it comes to threats to your retirement, there's one you may have overlooked: your employer. In recent years, companies have been freezing pensions, slashing retiree health benefits and eliminating 401(k) contributions.

Pension plans are benefits that guarantee employee income in retirement. Discover types, how they work, and how they differ from other employer-sponsored plans.

Underfunded, multiemployer pension plans are the subject of new U.S. Treasury regulations released today in support of the Kline-Miller reform act, with Kenneth Feinberg appointed to oversee them.

The retirement savings landscape has changed a lot over the past few decades. It used to be that if you held a steady job for most of your adult life, you

CAB 15-8: This Client Action Bulletin provides an overview of several key developments—in the form of IRS guidance, PBGC proposed regulations, and a new law—that have occurred recently for employers that sponsor defined benefit pension plans.

Among the many tax extender provisions in the newly signed Tax Increase Prevention Act of 2014 (the “Act”) was a provision that could potentially affect multi-employer defined benefit pension plans, such as union plans or groups of companies sharing the same pension plan. Single company pension plans would not be impacted
Under the old law, a plan sponsor was not allowed to cut an employee’s benefits…

Last Updated: Sept 13, 2011 9:55 a.m. ET
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Not long ago, many jobs came with a pension -- monthly checks paid upon retirement for the rest of an employee's life. But nowadays, workers frequently switch jobs and companies are struggling to cut costs, and the generous defined-benefit plan, or classic pension, is increasingly being replaced by defined-contribution plans like the 401(k), which employees pay…

Real estate has become the main driver of increasing alternative allocations for sovereign investors, according to Invesco’s 2016 global sovereign asset management study. From 2012 to 2015, sovereign investors’ real estate assets grew to 6.5 per cent from three per cent of their portfolios, which represented faster growth than that of private equity and infrastructure combined, according ...

Taking payments from qualified pension plans--what are my choices? The quick anser is "many." The Tax Warriors explain.

The current low level of interest rates poses a big challenge to pension plans with benefits guaranteed by their corporate sponsors. These pension plans have a difficult time earning a decent return...