Defined Benefit (DB) Plans

What the American Rescue Plan Act Means for Financially Troubled Multiemployer Pension Plans

What the American Rescue Plan Act Means for Financially Troubled Multiemployer Pension Plans

Jenny Gartman, CEBS
 

Listen to this post here. After years of debate on the topic of funding relief for multiemployer pension funds, Congress acted this week with the passage of the American Rescue Plan Act of 2021 (Rescue Plan)—likely one of the most significant pieces […]

Employee Benefits and COVID-19: Changing the Future of Benefits Today

Employee Benefits and COVID-19: Changing the Future of Benefits Today

Kathy Bergstrom, CEBS
 

The COVID-19 pandemic is likely to bring long-lasting changes to life in the United States, and those changes will be reflected in employee benefits. How COVID-19 could affect health, retirement and other benefits even after the pandemic is over is discussed in […]

The Multiemployer Retirement Plan Landscape: 10 DB Plan Takeaways

The Multiemployer Retirement Plan Landscape: 10 DB Plan Takeaways

Justin Held, CEBS
 

According to the most recent data from The Multiemployer Retirement Plan Landscape: A Fifteen-Year Look (2003-2017), demographic trends in multiemployer plans have become less favorable as the number of actively working participants have decreased relative to the number of inactive and retired […]

Retirement Plan Changes in the Face of the COVID-19 Pandemic

Retirement Plan Changes in the Face of the COVID-19 Pandemic

Justin Held, CEBS
 

The COVID-19 pandemic has had dramatic implications for workplace retirement programs in Canada. Volatile market conditions have organizations and individuals reviewing their financial options. At the same time, these conditions have led to interruptions in employment as employers contemplate early retirement offerings, hiring freezes, […]

Retirement Plan Changes in the Face of the COVID-19 Pandemic

Retirement Plan Changes in the Face of the COVID-19 Pandemic

Justin Held, CEBS
 

The COVID-19 pandemic has had dramatic implications for workplace retirement programs. Volatile market conditions have organizations and individuals reviewing their financial options. At the same time, these conditions have led to interruptions in employment, as employers contemplate and implement furloughs, hiring freezes, […]

Plan Sponsors Providing More Benefit Options Thanks to CARES Act Provisions

Plan Sponsors Providing More Benefit Options Thanks to CARES Act Provisions

Kelli Kolsrud, CEBS
 

Business closures and curtailments due to the coronavirus pandemic have left many organizations and individuals struggling financially. The Coronavirus Aid, Relief, and Economic Security (CARES) Act was enacted on March 27, 2020 with the goal of providing quick financial relief to citizens […]

More COVID-19 Relief Via the Coronavirus Aid, Relief, and Economic Security Act CARES Act

More COVID-19 Relief via the Coronavirus Aid, Relief, and Economic Security Act (CARES Act)

Kelli Kolsrud, CEBS
 

The third law aimed at providing relief to those affected by the coronavirus was signed into law on March 27, 2020. The $2 trillion Coronavirus Aid, Relief, and Economic Security Act (CARES Act) offers a wide variety of assistance to businesses and […]

The SECURE Act—What Employers Need to Know

The SECURE Act—What Employers Need to Know

Julie Stich, CEBS
 

On December 20, 2019, President Trump signed the Further Consolidated Appropriations Act of 2020, an appropriations law to fund certain federal agencies through September 30, 2020. This law included bipartisan legislation, the Setting Every Community Up for Retirement Enhancement (SECURE) Act, widely […]