retirement plans

18 04, 2023

U.S. workers want government to require employers to offer retirement plans

CORPaTH2023-05-03T13:48:59-07:00April 18th, 2023|Categories: Retirement|Tags: retirement plans, united states|

By Margarida Correia Source: Pensions & Investments American workers favor government mandates requiring employers to offer retirement plans and make matching contributions, according to a new survey released Tuesday by Natixis Investment Managers. More than 4 in 5 workers (81%) said that employers should be required to offer workplace retirement savings plans, with millennials voicing the greatest support for such a mandate (88%) followed by Generation X (79%) and baby boomers (70%). More than 3 in 5 workers (78%) [...]

Historic down year puts retirement plans on notice

CORPaTH2023-02-16T08:50:34-08:00February 16th, 2023|Categories: Retirement|Tags: retirement plans|

By Rob Kozlowski Source: Pensions & Investments U.S. retirement plans could not escape historically negative equity and fixed-income markets during the year ended Sept. 30 and posted the highest-percentage asset losses in nearly half a century of Pensions & Investments'annual surveys. In the year ended Sept. 30, the 1,000 largest U.S. retirement funds saw their assets plummet to $12.16 trillion, a record-setting 13.9% loss from a year earlier when the universe had reached an all-time high of $14.13 trillion. [...]

Stimulus deal includes temporary relief for retirement plans

CORPaTH2020-03-26T07:22:31-07:00March 26th, 2020|Categories: Pension Funding|Tags: COVID-19, retirement plans, stimulus bill|

The Senate approved on Wednesday a roughly $2 trillion economic stimulus package for affected companies and workers that also provides some temporary relief for retirement plan sponsors and participants. Final approval is expected Friday in the House of Representatives, where House Speaker Nancy Pelosi said Wednesday she expected to debate the measure on the floor. Defined benefit plan sponsors gained a one-year holiday from making their 2020 contributions, but did not get other measures sought, including delayed reporting or [...]