pensions

The death of pensions has been greatly exaggerated

By Nathan Bomey Source: MSN Pensions were left for dead, but their obituary might've been written too early. Why it matters: Defined-benefit pensions have plummeted in recent decades as employers shifted more investment risk to their workers, in the form of 401(k)-style defined-contribution plans. The big picture: UAW president Shawn Fain plans to make a fight to restore traditional pensions a cornerstone of the union's next collective bargaining effort with General Motors, Ford and Stellantis. The union won record [...]

CORPaTH2025-12-02T16:40:35-08:00November 29th, 2025|Categories: Retirement|Tags: pensions|

Majority of Danes concerned over Trump’s impact on pensions

By Sophie Smith Source: EuropeanPensions.net The majority (78 per cent) of Danes are "very highly", "highly" or "somewhat" concerned that having Donald Trump in the White House will cost them their pension savings, research from Sampension has revealed. The research showed that many Danes fear that having Donald Trump as President will have a negative impact on their pension, with particular concerns around increased global uncertainty, trade war and resulting turmoil in the financial markets. Sampension chief advisor, Helle [...]

CORPaTH2025-05-12T09:18:50-07:00May 9th, 2025|Categories: Pension Funding|Tags: denmark, pensions|

The Unsung Economic Engine: Retiree Pension Spending

By Dan Doonan Source: Forbes When we think of economic impact across the U.S., certain industries often come to mind — finance, technology, healthcare, and manufacturing. But one important driver of the U.S. economy that gets scant attention is spending of pension income by retirees. Pensions often are viewed only through the narrow lens of retirement, as reliable monthly income for many U.S. retirees. For context, some 26 million retirees working in both the private and public sectors across [...]

CORPaTH2025-03-04T16:15:17-08:00March 3rd, 2025|Categories: Economy|Tags: pensions|

Who Is Trump Nominee Daniel Aronowitz, Tapped to Oversee Pensions?

By Donna Levalley Source: Kiplinger.com Daniel Aronowitz, has been nominated by President Trump to serve as Assistant Secretary of Labor for the Employee Benefits Security Administration (EBSA). The oversight provided by the ESBA is critical to the safety of retirement savings and employee welfare plans, including health care. If confirmed, his responsibilities will include safeguarding the $14 trillion in private sector pension and welfare plans that benefit 156 million workers, retirees and family members. The EBSA enforces the Employee [...]

CORPaTH2025-02-27T10:44:24-08:00February 25th, 2025|Categories: ERISA|Tags: ebsa, erisa, pensions|

New Report Provides Roadmap for States to Protect Pensions from Federal Threats

Source: Americans for Financial Reform State policymakers and pension officials should use all the tools at their disposal to protect public pensions from federal threats and safeguard their ability to make investment decisions that promote retirement with dignity and economic security, according to a new policy roadmap released by the Americans for Financial Reform Education Fund. These threats are part of a broader campaign backed by fossil fuel and other corporate interests that aims to slow the clean energy [...]

CORPaTH2025-01-21T11:26:08-08:00January 16th, 2025|Categories: ESG|Tags: pensions|

The Myth That Public Workers Don’t Care About Pensions

By Hank Kim Source: Governing.com Although some may argue that pensions are no longer a relevant tool for recruiting and retaining public workers, the historical data and broader research show otherwise. However, with financial literacy being a significant challenge in the United States, it is critical that employers provide the necessary education around these benefits to maximize their potential in the battle to attract and keep talent. As pensions have become less common in the private sector, they have [...]

CORPaTH2024-07-11T13:01:14-07:00May 13th, 2024|Categories: Defined Benefit Plans|Tags: pensions|

Pensions beat flexible working for top spot in employee benefits ranking

By Sophie Smith Source: Pensions Age Pensions have topped the list of employee benefits HR teams say people value the most, having regained the position two years after flexible working took the top spot in Punter Southall Aspire’s annual survey, although concerns around the advice gap remain. The research, which was carried out with the Chartered Institute of Personnel and Development (CIPD), found that 900 out of 1,700 HR professionals ranked pensions as the most valued employee benefit amongst [...]

CORPaTH2023-01-18T14:16:32-08:00January 18th, 2023|Categories: Defined Benefit Plans|Tags: Chartered Institute of Personnel and Development, pensions|

The truckers’ triumph: The incredible story of how a scrappy group of blue-collar retirees rescued their pensions

By Elanor Laise Source: MarketWatch After a long, loud battle, the victory has come quietly. Over the past few months, deposits have started appearing in the accounts of former truckers, iron workers and other retirees across the country–restoring pension benefits that these people had earned after decades working some of America’s most back-breaking jobs, only to have them ripped away in their retirement years. The restored benefits started flowing earlier this year to retired union workers from New Jersey [...]

CORPaTH2022-10-06T09:47:14-07:00October 6th, 2022|Categories: Retirement|Tags: pensions, retired workers|

Plan Sponsors Are Exploring Renewed Pensions

By Noah Zuss Source: Plan Sponsor In an employer’s battle to attract and retain the best employees, enhanced workplace benefits and robust retirement plans are ammunition. According to Jonathan Price, senior vice president and national retirement practice leader at Segal, employers that recognize the myriad financial challenges workers face—from everyday financial wellness habits to short-term budgeting and long-term retirement planning—are enhancing retirement and workplace benefits to recruit and retain workers, and help current employees feel more financially secure. “What [...]

CORPaTH2022-08-08T15:21:50-07:00August 8th, 2022|Categories: Economy|Tags: pensions, work force|

Protecting Pensions and ESG Risks

By Tim Hennessey Source: IFEBP As the global impact of climate change grows, environmental, social and governance (ESG) factors have become a core consideration for pension funds. ESG issues and concerns can no longer be relegated to debates among pension fiduciaries about values investing or investment returns and instead require a holistic approach, author Janis Sarra noted in her article “Protecting Pensions Through Effective Governance of Climate and ESG Risks” in the July/August issue of Plans & Trusts. Sarra, [...]

CORPaTH2022-08-04T16:25:39-07:00August 4th, 2022|Categories: ESG|Tags: esg, pensions|

77 Percent of Americans Support Pensions for All Workers

A new national survey finds that 77 percent of Americans agree that all workers, not just those working for state and local government, should have a pension. And even though the nation is deeply divided on many other issues, support for pensions is consistent across party lines. Eighty percent of Democrats, 75 percent of Republicans and 78 percent of Independents agree that all workers should have access to a pension. These findings are contained in a new issue brief [...]

CORPaTH2021-03-24T10:08:20-07:00March 24th, 2021|Categories: Retirement|Tags: pensions|

Protecting pensions after coronavirus

Unions and pension schemes are being supportive of employers struggling with the pandemic. When the recovery starts that support should be repaid. Across the whole economy, employers are under unprecedented strain as they deal with lockdown and economic contraction. Companies with defined benefit pension schemes could face particular short-term pressures, as turmoil in financial markets may increase deficits – the gap between the assets a scheme has and the pensions it must pay – at exactly the time they are [...]

CORPaTH2020-05-06T14:49:06-07:00May 6th, 2020|Categories: Pension Funding|Tags: COVID-19, pensions|