Now the bill has been passed by House and Senate and awaits President Biden’s signature.Read More

Thanks to increases in longevity and lower expected returns from stocks and bonds in the foreseeable future, annuities are now seen as a big part of the solution.Read More

General Motors Co., Detroit, expects to contribute about $500 million to its non-U.S. pension funds in 2021.Read More

This article discusses the new year starting with good news for private-sector defined benefit plans according to two recent reports.Read More

Included by The House Ways and Means Committee, the provision is called the Butch Lewis Emergency Pension Plan Relief Act of 2021.Read More

An article that discusses the issues with overhauling Florida’s retirement system for government employees.Read More

A new report from the National Institute on Retirement Security (NIRS) highlights the major impact pensions have on the US’s economic output.Read More

December marked the one-year anniversary of the passage of the SECURE Act, which is expected to be a game-changer in the institutional income annuity landscape.Read More

The passage of the Setting Every Community Up for Retirement Enhancement (SECURE) Act and, in some ways, the market crash caused by the COVID-19 pandemic have put a greater focus on providing guaranteed lifetime income for defined contribution (DC) plan participants.Read More

Reduced PBGC variable rate premiums may make now an optimum time to contribute. Plan sponsors undertaking risk-transfer activities in underfunded plans should consider contributing additional assets to maintain funded status equivalence. For some plans, low borrowing rates may present an opportunity.Read More