New Mortality Tables Released – What it Means for Plan Sponsors

New Mortality Tables Released – What it Means for Plan Sponsors

Quick overview – what’s new The Society of Actuaries (SOA) published new mortality base tables and a new mortality improvement scale in late October. These new releases are likely to result in relatively small changes to plan sponsor income statements and balance...
PBGC Premium Increases Continue – How Sponsors Can Fight Back

PBGC Premium Increases Continue – How Sponsors Can Fight Back

The Pension Benefit Guaranty Corporation (PBGC) has announced the2020 Plan Year premium rates. This announcement reminds plan sponsors that providing the same pension benefits continues to be more and more expensive, especially if they maintain underfunded...
Equity Protection – is now the right time?

Equity Protection – is now the right time?

Equity Protection – is now the right time? Download a PDF version of this article here. Recent bouts of volatility have made headlines and questions are being asked of one of the longest equity bull markets in history. However, strategies to protect against...
Is Your Defined Benefit Plan Ready for Termination? Part V

Is Your Defined Benefit Plan Ready for Termination? Part V

Is Your Defined Benefit Plan Ready for Termination? Part V Part 5 – Data Quality and Conclusion This post is the last in a 5-part series on plan termination readiness. In prior weeks, we discussed funded status [Part II and Part III] and plan administration [Part IV]....
Is Your Defined Benefit Plan Ready for Termination? Part V

Is Your Defined Benefit Plan Ready for Termination? Part IV

Is Your Defined Benefit Plan Ready for Termination? Part IV Part 4 – Plan Administration This post is the fourth in a series on plan termination readiness. Previously, we discussed both the level and the risk of the plan’s funded status. This week, we’ll be...