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… Read more >
March 10, 2021 American Rescue Plan Act (ARPA), Defined Benefit (DB) Plans, Employee Benefits, Legislative, Multiemployer, PBGC, Retirement, U.S. Read more >
The number of organizations offering defined contribution (DC) retirement plans has increased over the past two years, making them the primary retirement vehicle for an increasing share of the U.S…. Read more >
February 24, 2021 401(k) Plans, Defined Contribution (DC) Plans, Employee Benefits, Employee Benefits Survey, Financial Education, Retirement, U.S. Read more >
How has the COVID-19 pandemic impacted employee benefits? The International Foundation has been tracking implications for workplaces across the country, providing a snapshot of the difficult decisions employers and their… Read more >
February 10, 2021 401(k) Plans, Coronavirus (COVID-19), Employee Benefits, Health Care, Retirement, U.S. Read more >
Despite growing demand for sustainable, responsible and impact (SRI) investments from participants, a small percentage of 401(k) plans provide such options in their investment menus. In a Benefits Magazine article… Read more >
December 3, 2020 401(k) Plans, Defined Contribution (DC) Plans, Employee Benefits, Investments, Retirement, U.S. Read more >
As employers have been forced to cut costs due to the pandemic, some have decided to offer early retirement packages in an effort to avoid laying off employees. Early retirement… Read more >
November 24, 2020 Canada, Coronavirus (COVID-19), Employee Benefits, Retirement, U.S. Read more >
The retirement security of defined contribution (DC) plan members is greatly influenced by their saving and investment choices as well as the timing and performance of financial markets. But plan… Read more >
November 2, 2020 Canada, Defined Contribution (DC) Plans, Employee Benefits, Financial Education, Investments, Retirement, U.S. Read more >
According to The Multiemployer Retirement Plan Landscape: A 15-Year Look (2003-2017), the average defined contribution (DC) plan account balance increased significantly from 2003 to 2017, growing to $43,500 while aggregate… Read more >
October 19, 2020 Defined Contribution (DC) Plans, Employee Benefits, Multiemployer, Retirement, U.S. Read more >
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… Read more >
October 12, 2020 Defined Benefit (DB) Plans, Employee Benefits, Multiemployer, Pensions, Retirement, U.S. Read more >
The definition of a fiduciary under ERISA has fluctuated in the past decade. In 2016, the Department of Labor (DOL) issued a rule redefining the meaning of the term fiduciary… Read more >
September 28, 2020 Employee Benefits, Investments, Retirement, U.S. Read more >
The COVID-19 pandemic has drastically impacted benefit trust funds and will continue to have a marked effect on these plans. With volatile market performance that has not been seen since… Read more >
July 28, 2020 Defined Benefit (DB) Plans, Employee Benefits, Multiemployer, Pensions, Retirement, U.S. Read more >