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The American Benefits Council testified before the ERISA Advisory Committee on Wednesday, describing the key motivations that have caused many employers to consider reducing their pension plan liabilities by “de-risking.”
Craig Rosenthal, a partner with Mercer, testified on the Council’s behalf, emphasizing that the legislative and regulatory environment for pension plans has made sponsorship increasingly difficult over the past few decades.
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Jennifer Lewis, senior director of retirement at Willis Towers Watson, discusses the health of corporate pension plans.
Are you getting the most from your outsourcer? Here are six things to check the next time you look under the hood of your relationship.
“Public pension plans continue to bury their heads in the sand living in a time warp of decades-old actuarial assumptions,” says a former Connecticut state treasurer.
Federal Express is the latest large company to purchase an annuity for its current retirees in an effort to keep the plan solvent.
Federal Express is the latest large company to purchase an annuity for its current retirees in an effort to keep the plan solvent.
