Pensions Archives - Word on Benefits

It’s Time to Retire the Concept of Retirement

Eli Argueta

02 Jul 202402 Jul 2024

For many, retirement is seen as the final chapter of life—a culmination of years of hard work and savings. But what if retirement wasn’t an end but rather a beginning filled with new opportunities? Over the last decade, more research and innovative […]

Defined Benefit (DB) Plans DOL Employee Benefits Investments Multiemployer Pensions Retirement U.S.

The Multiemployer Retirement Plan Landscape: DB Takeaways

Justin Held, CEBS

24 Jun 202426 Jun 2024

According to recent data from Horizon Actuarial Services, LLC and the International Foundation of Employee Benefit Plans, the fifteen-year period between 2006 and 2020 was turbulent for multiemployer defined benefit (DB) pension plans. Financial markets were volatile, and 2008 saw the biggest […]

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The DOL Retirement Security Final Rule: Highlights for Plan Sponsors

Jenny Gartman, CEBS

20 Jun 202420 Jun 2024

On April 25, 2024, the Department of Labor (DOL) published the retirement security final rule defining fiduciary status for investment advice to retirement investors under the Employee Retirement Income Security Act (ERISA) and the Internal Revenue Code (IRC). It is set to […]

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Target Benefit Plans: An Update on Where They Stand

Amanda Wilke

14 Dec 2023

Although target benefit pension plans have been in a state of unknown for a while, they are now closer to having a permanent funding model with several new proposals currently under consideration. In 2015, the Office of the Superintendent of Financial Institutions […]

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Where We Are Now: Special Financial Assistance Under the American Rescue Plan Act

Kathy Bergstrom, CEBS

28 Mar 202328 Mar 2023

From capital market return expectations to the rules that cover the program, a lot has changed in the two years since the American Rescue Plan Act was signed into law and created the Special Financial Assistance (SFA) program for struggling multiemployer pension […]

American Rescue Plan Act (ARPA) Employee Benefits MPRA Multiemployer PBGC Pensions Regulatory Retirement U.S.

PBGC Special Financial Assistance “Lock-In” Application for Nonpriority Plans

Jenny Gartman, CEBS

08 Nov 202208 Nov 2022

Multiemployer pension plans that intend to apply for SFA from the PBGC should note the schedule for reviewing applications and may want to consider submitting a lock-in application.

American Rescue Plan Act (ARPA) Compliance Employee Benefits Investments Multiemployer PBGC Pensions Retirement U.S.

PBGC Special Financial Assistance Final Rule: Permissible Investments

Jenny Gartman, CEBS

25 Oct 202225 Oct 2022

The PBGC final rule details permissible investments for SFA assets. Get key takeaways in our latest blog.

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Talking Benefits Podcast: Riding the Investments Roller Coaster

Anne Patterson

08 Sep 202208 Sep 2022

The recent ups and downs of the stock market and the economy can be dizzying. In the latest podcast episode, my colleague Justin Held got the opportunity to talk to an investments guru (Sandy Lincoln, CEO at Lincoln Investment Perspectives, LLC) on […]

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Protecting Pensions and ESG Risks

Tim Hennessy

04 Aug 202204 Aug 2022

As the global impact of climate change grows, environmental, social and governance (ESG) factors have become a core consideration for pension funds. ESG issues and concerns can no longer be relegated to debates among pension fiduciaries about values investing or investment returns […]

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Is Your Plan Evolving with Gender Norms?

Alyssa Hodder

22 Mar 202222 Mar 2022

Diversity, equity and inclusion has become a critically important consideration, but a lot needs to change in the pension and benefits industry to adequately address it. This Q&A with Karen DeBortoli, Director, Knowledge Resource Centre and Canadian Privacy Officer with Buck, explores […]