This station houses posts and commentary on a wide range of issues associated with DB plans, from policy concerns to using hybrid, or cash balance, plans.
Necessity may be the mother of invention, but economic necessity isn’t enough to trump pension benefits, at least not in the Land of Lincoln.
State pension plans are likely to continue affecting, and straining, state budgets and funding, says Standard & Poors.
In coming years, more than half of workers and retirees in terminated multiemployer plans will face a reduction in benefits under current Pension Benefit Guaranty Corporation (PBGC) guarantees if their plans run out of money, according to a new study.
Despite conventional wisdom that institutions like pension funds and endowments have moved to passive investing more aggressively than individuals, the opposite appears to be true.
The world’s pension assets grew 6% last year, and now amount to around 84% of global Gross Domestic Product (GDP), substantially higher than the 54% recorded in 2008.
It was not a good year for pension funding. From year-end 2013 to year-end 2014, the estimated aggregate funding level of pension plans sponsored by S&P 1500 companies dropped from 88% to 79%, according to Mercer.
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