25 01, 2022

The Multiemployer Retirement Plan Landscape: 10 DB Plan Takeaways

2022-01-25T10:57:29-08:00January 25th, 2022|Categories: Uncategorized|

By Justin Held Source: IFEBP According to the most recent data from The Multiemployer Retirement Plan Landscape: A Fifteen-Year Look (2004-2018), demographic trends in multiemployer plans have become less favorable as the number of actively working participants have decreased relative to the number of inactive and retired participants. However, plan trustees have made difficult decisions to improve plan funding, and financial markets have recovered somewhat from the 2008 collapse. Due to these actions, the majority of multiemployer defined benefit [...]

7 01, 2022

401(k) Retirement Accounts Substantially More Costly than Pension Plans, According to New Analysis from the National Institute on Retirement Security

2022-01-07T08:50:49-08:00January 7th, 2022|Categories: Uncategorized|

Source: National Institute on Retirement Security A new analysis finds that defined benefit (DB) pension plans offer substantial cost advantages over 401(k)-style defined contribution (DC) accounts. A typical pension has a 49 percent cost advantage as compared to a typical DC account, with the cost advantages stemming from longevity risk pooling, higher investment returns, and optimally balanced investment portfolios. The analysis also indicates that about four-fifths of the cost difference occurs during post-retirement years. Once retired, individuals typically experience [...]

27 05, 2021

Bill Would Clear a Surer Path for Plans to Offer ESG Funds

2021-05-27T14:53:20-07:00May 27th, 2021|Categories: Uncategorized|

By Lee Barney Source: Plan Sponsor U.S. Senators Tina Smith, D-Minnesota, and Patty Murray, D-Washington, and U.S. Representative Suzan DelBene, D-Washington, have introduced legislation in both chambers of Congress that they say would provide legal certainty to workplace retirement plans that choose to consider environmental, social and governance (ESG) factors in their investment decisions or offer ESG investment options. The bill, called the Financial Factors in Selecting Retirement Plan Investments Act, would amend the Employee Retirement Income Security Act [...]

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