A quarter of women are on the ‘wrong track’ for retirement
Nationwide found that women struggle to understand what to do with their savings once they hit retirement.
Pension funds
Corporate pension plans reach highest funded level since the financial crisis
Jennifer Lewis, senior director of retirement at Willis Towers Watson, discusses the health of corporate pension plans.
Benefits Think Will COVID-19 affect pension funding liabilities?
Looking ahead, there are many arguments that the overall changes brought about by the pandemic could serve to improve future lifespans.
Scott Kropf
Buck
Benefits Think 6 things your pension administrator may not be doing
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.
Robin Powell
Strategic Benefits Advisors
Why employees should reconsider early retirement
Unfortunately, physical and cognitive decline are among potential side-effects.
U.S. pensions among the world’s largest funds
More than one-third of the $18.1 trillion invested globally in pensions are in 133 U.S. funds, including Boeing, AT&T, IBM, General Motors and General Electric.
U.S. pensions among the world’s largest funds
More than one-third of the $18.1 trillion invested globally in pensions are in 133 U.S. funds, including Boeing, AT&T, IBM, General Motors and General Electric.
How public sector employers are reducing their pension liabilities
Many are following the example of corporations by instituting defined contribution or hybrid plan options for new hires and by freezing their old plans.
Get your employee’s retirement portfolio in fighting shape
Workers who want to make their retirement portfolio resilient to market volatility should veer away from core stock and bond holdings.
Conditions are ripe for employers to derisk their pension plan
Federal Express is the latest large company to purchase an annuity for its current retirees in an effort to keep the plan solvent.
Conditions are ripe for employers to derisk their pension plan
Federal Express is the latest large company to purchase an annuity for its current retirees in an effort to keep the plan solvent.
Don’t rely on markets to plug pension shortfall, Prudential says
Prudential’s analysis underscores the challenges that companies face as low interest rates, which increase pension liabilities, and substantial payouts to retirees temper the benefits generated by rising equity markets.
New Jersey police, firefighters aggravate pensions mess
The massive shortfalls in public pension funds are the single biggest financial challenge for American’s states and cities.
Senators include committee to fix multiemployer plans in budget deal
Pension funds for more than 1.5 million union workers is said to be on the brink of failure.
As GE breakup talk heats up, its $31B pension deficit is overlooked
GE’s pension deficit has gotten so big, a misstep could risk leaving the separate units with commitments they ultimately can’t afford to pay.
Illinois ponders pension-fund moonshot: a $107 billion bond sale
Lawmakers in Illinois are so desperate to shore up the state’s massively underfunded retirement system that they’re willing to entertain an eye-popping wager.
Lower worker expectations on pension-plan promises
With many private and public pensions in the red, employees are advised to look for options that will improve their prospects, such Roth IRAs.
California’s Brown raises prospect of pension cuts in downturn
California Governor Jerry Brown said legal rulings may clear the way for making cuts to public pension benefits, which would go against long-standing assumptions and potentially provide financial relief to the state and its local governments.
One thing workers can do now to improve odds of retiring early
Employees should do a quick assessment of their retirement prospects while still working.
