Pension Plans Brace for a One-Two Punch

2014-03-25T20:26:41-07:00March 25th, 2014|Categories: Defined Benefit Plans|Tags: , |

Just as companies thought their pension plans might be climbing out of the red, they are about to get hit with a double whammy of higher fees and ballooning obligations. Not only do employers face a 52% increase by 2016 in the regulatory cost of administering their pension plans, but also a $150 billion surge in liabilities from longer-living retirees. The looming costs and growing liabilities are forcing many companies to consider ways to cut pension expenses, accelerating a [...]