retirement

The Multiemployer Retirement Plan Landscape Report: DB Key Findings

Cathe Gooding, CEBS
 

The overall health of multiemployer defined benefit (DB) retirement plans improved from 2020 to 2021. The average multiemployer DB plan net investment return for 2021 was 14.5%, up from 2020 (11.4%), according to The Multiemployer Retirement Plan Landscape: A 15-Year Look (2007-2021) recently […]

The Multiemployer Retirement Plan Landscape Report: DC Key Findings

Cathe Gooding, CEBS
 

The overall health of multiemployer defined contribution (DC) retirement plans improved from 2020 to 2021. The average account balance for a participant in a median multiemployer DC plan increased from $46,100 at the end of 2019 to $52,800 at the end of 2021, […]

SECURE 2.0 Update: IRS Issues Proposed Rules for Qualified Retirement Plans (Part One)—Catch-Up Contributions

Amanda Wilke, CEBS
 

On Friday, January 10, 2025, the Department of the Treasury and the Internal Revenue Service (IRS) issued guidance for several provisions of the SECURE 2.0 Act of 2022 (SECURE 2.0). This blog will primarily focus on the proposed rule for qualified retirement […]

What Public Pension Plans Need to Know About the Social Security Fairness Act

Jenny Gartman, CEBS
 

Signed into law on January 5, 2025, the Social Security Fairness Act (SSFA) (HR 82) repeals two provisions that reduce Social Security benefits for some individuals who receive other benefits, such as certain state or local government pension benefits. The Social Security […]