PBGC Methods: Think Before You Switch

PBGC Methods: Think Before You Switch

Pension plan sponsors have less than eight weeks to re-visit a 2019 cost-reduction decision that could end up coming back to bite them in 2020. PBGC premiums for 2019 are coming due soon, and there are two options to determine the interest rate used when calculating a...
Retirement Update – August 2019

Retirement Update – August 2019

Retirement Update Key Takeaways: Discount rates were down slightly in July US Equities posted modest returns, with small losses on international stocks All else equal, July was a quiet month for pensions, with little expected movement in most plans’ funded status...
Data: Not an Infinite Problem; there is an Endgame

Data: Not an Infinite Problem; there is an Endgame

If the recent glut of superhero movies has taught us anything, it is that with great power comes great responsibility. Most pension plan fiduciaries tend to focus their responsibilities on plan assets. They exercise their power by monitoring asset performance,...
Roadblock Removed Allowing for Retiree Lump Sums

Roadblock Removed Allowing for Retiree Lump Sums

The IRS has given plan sponsors the green light to move forward with offering lump sums to defined benefit plan retirees or other participants who are “in pay status”, receiving monthly checks. Or perhaps it’s more accurate to say that they’ve removed the Stop sign....
2018 Pension Plan Report Card – C+ Year

2018 Pension Plan Report Card – C+ Year

Last year was a so-so year at best for most plan sponsors. For most of the year things looked good but by the end of 2018 there were few things to celebrate. The good news was that interest rates were up year-over-year, but, in December, rates gave up some of the...