Multiemployer

The Multiemployer Retirement Plan Landscape Report: Defined Contribution Key Findings

Cathe Gooding, CEBS
 

The health of multiemployer defined contribution (DC) retirement plans improved from 2021 to 2023, according to The Multiemployer Retirement Plan Landscape: A 15-Year Look (2009-2023), recently released by the International Foundation of Employee Benefit Plans.

Supreme Court Rules in Withdrawal Liability Case

Kathy Bergstrom, CEBS
 

In a unanimous ruling on May 21, the Supreme Court affirmed a circuit court decision and held that pension plans have the flexibility to update actuarial assumptions after year-end when calculating withdrawal liability rather than fixing those assumptions at the close of the prior year.

Pensions in an Era of Longer Working Lives

Tim Hennessy
 

As more employees work past traditional retirement age, pension and benefit systems are colliding with assumptions built for a workforce that no longer exists—the result is a growing disconnect between modern economic realities and retirement rules rooted in policy decisions made nearly a century ago.

Freezing the Frame: Supreme Court Withdrawal Liability Case to Address Timing of Actuarial Assumptions

Guest Contributor
 

In the first withdrawal liability case to reach the Supreme Court in more than three decades, the Court will consider a statutory question, whose answer will determine pension plans have the flexibility to update actuarial assumptions after year end.