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The U.S. 2nd Circuit Court of Appeals says that a multiemployer pension plan that qualifies for a grant under the Pension Benefit Guaranty Corporation’s (PBGC) Special Financial Assistance (SFA) ...
In “ Social Security’s Projected Shortfall: The Role of Demographic Factors ,” the CRS discusses three demographic factors it argues contribute to the increasing difficulties many expect the Social ...
Pension risk transfers (PRTs) are occurring at a brisk pace. A slower pace than last year, but still one that is beyond that of 2023. This reflects a variety of developments, and in a recent panel ...
The reality is that like earthquakes in east Tennessee, the occurrence/need for long-term care might be one of those things that are so “few and far between” that no extraordinary preparations are ...
In its recently released final report on improving qualified default investment alternatives, the ERISA Advisory Council (EAC) recommended that the Department of Labor (DOL) should issue guidance on ...
Daniel Aronowitz, President Trump’s nominee to lead the Employee Benefits Security Administration (EBSA), pledged that if confirmed by the Senate he will work every day to “unleash and unlock the ...
May is a popular month — Mother’s Day, spring flowers, warm sun. What’s not to love? And this year, add the funded status of private-sector pension plans to what made May attractive. “Pensions roared ...
An increasing number of states are not content to limit education concerning retirement readiness to only people who can vote — which will help lay the groundwork for those who are young now to ...
At her confirmation hearing before the Senate Finance Committee on June 3, Janet Dhillon — nominated by President Trump on March 10 to be the new Director of the Pension Benefit Guaranty Corporation ...
The Department of Labor’s Employee Benefits Security Administration (EBSA) stands to receive $10 million less in 2026 than it did Fiscal Year 2025 amid the Trump Administration’s continuing cuts to ...
The June 5 Senate HELP Committee hearing will also consider the nominations of Penny Schwinn to be Deputy Secretary of Education; Kimberly Richey to be Assistant Secretary for Civil Rights at the ...
The survey found that, in general, employees tend to favor receiving financial education in a “personalized and private setting.” The majority prefer one-on-one sessions with a financial professional, ...
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