Retirement

Which Benefits Drive Employee Satisfaction?

Which Benefits Drive Employee Satisfaction?

Justin Held, CEBS
 

While traditional benefits such as retirement plans and health insurance are an important part of most employers’ benefit packages, the perceived value of supplementary offerings such as leave and work-life benefits make may a bigger difference when it comes to employee satisfaction. […]

PBGC Implements Special Financial Assistance Program for Financially Troubled Multiemployer Pension Plans

PBGC Implements Special Financial Assistance Program for Financially Troubled Multiemployer Pension Plans

Jenny Gartman, CEBS
 

The Pension Benefit Guaranty Corporation (PBGC) has released an interim final rule that focuses on special financial assistance (SFA) applications and related restrictions and conditions pursuant to the American Rescue Plan Act of 2021 (ARPA). Read more about ARPA’s provisions to transfer […]

SECURE Act Guidance: What DC Plan Sponsors Need to Know

SECURE Act Guidance: What DC Plan Sponsors Need to Know

Kathy Bergstrom, CEBS
 

Federal agencies, including the Internal Revenue Service (IRS) and Department of Labor (DOL), have been busy issuing guidance on some of the more complex provisions of the Setting Every Community Up for Retirement Enhancement (SECURE) Act since it was signed into law […]

New Report: Impact of COVID-19 on Pensions and Benefits in Canada

New Report: Impact of COVID-19 on Pensions and Benefits in Canada

The COVID-19 pandemic has had significant implications for workplaces across the world, and employers and workers have needed to make difficult decisions regarding retirement, health and paid leave benefits. A new International Foundation report, Impact of COVID-19 on Pensions and Benefits in Canada: […]

Three Key Takeaways: What ARPA Means for Green Zone Pension Plans

Three Key Takeaways: What ARPA Means for Green Zone Pension Plans

Jenny Gartman, CEBS
 

It was big news back in March when the American Rescue Plan Act of 2021 (ARPA) was enacted to provide grants, called “special financial assistance,” to boost the solvency of eligible critical and declining status or insolvent plans under the Pension Benefit […]

Changes to Single Employer Pension Plan Funding With the American Rescue Plan Act

Changes to Single Employer Pension Plan Funding With the American Rescue Plan Act (ARPA)

Kathy Bergstrom, CEBS
 

Provisions in the American Rescue Plan Act (ARPA) have the potential to help many single employer pension plan sponsors weather the economic impacts of the COVID-19 pandemic while providing time to consider how to integrate their business and pension funding strategies, suggests […]