Considerations for Labor Trustees on Pension Plans Exploring Conversions to Variable Annuity Pension PlansThe landscape of pension plans for labor unions and their members is evolving, with many multiemployer pension plans contemplating a shift from traditional defined benefit pension plans to vari…Continued
Generation Z, born between the mid-1990s and early 2010s, is entering adulthood with a unique perspective on life and society. As this generation becomes more independent and takes control of their health, it's crucial to understand their expectations and preferences in regards to healthcare. …Continued
The last days of 2022 ushered in SECURE 2.0 with numerous retirement plan provisions. One of the headlining provisions surrounds the expansion of catch-up contributions but with the limitation that a Roth fund must be established and used for catch-up contributions beginning January 1, 2024 for tho…Continued
Written for Bolton by Dr. Anirban Basu, Sage Policy Group Wolves of Recession Held at BayDuring the third quarter of 2022, a prominent survey indicated that four out of five executives agreed that a recession would start within the next six months. A furious economic rebound from the worst periods…Continued
Many OPEB Plan sponsors provide subsidized benefits to Medicare-eligible retirees. These benefits are frequently some of the most expensive OPEB benefits because they are paid for life. They are also arguably the most difficult to value. The difficulty stems from the long-term nature of the promise…Continued
On August 7, 2023, PBGC released Technical Update 23-1 offering relief to certain plan sponsors who might otherwise be required to report to PBGC under the requirements of ERISA 4010. This reporting, which includes financial and actuarial information about the plan sponsor and all defined benefit…Continued
