Employers who are thinking of terminating a frozen defined benefit plan (DB) must be aware of termination costs and administrative procedures. Sibson Consulting said employers need to analyze the cost ...

Employer costs for defined benefit (DB) plans differ by industry, occupation, establishment size and region, according to data from the Bureau of Labor Statistics. Costs for defined benefit plans are ...

Administration for frozen defined benefit plans Similarly, SRPS will offer deferred compensation plan clients a range of expanded capabilities including: Comprehensive end-to-end solutions for NQ plan ...

Donnelley Financial (NYSE:DFIN) announced on Thursday the completion of the termination of its primary defined benefit pension plan, and ~$83M charge in the third quarter related to the settlement.

The dramatic news that IBM is replacing its 401(k) corporate match with a cash balance component in its previously frozen defined benefit plan may give other plan sponsors the impetus to move ahead ...

A study of 251 employers that have suspended 401(k) matches for 4.4 million workers found that at least half of the employees were covered by pension plans. The implications: At least half of the ...

Defined benefit plans, also known as pensions, have steadily decreased since the 1970s. The most recent data from the Bureau ...

(NYSE: DFIN) ("DFIN" or the "Company") today confirmed the successful completion of the previously announced termination of ...

When it comes to dealing with an overfunded frozen pension plan, International Business Machines is putting into action what some of its peers are thinking about. The company recently confirmed that ...

This column has been modified to correct the amount of the required contribution for Janet's DB plan. Minimizing taxes isn’t always the best idea. Rich found this out the hard way. You may have heard ...

SEATTLE--(BUSINESS WIRE)--Milliman, Inc., a premier global consulting and actuarial firm, today released the results of its 2024 Corporate Pension Funding Study (PFS), which analyzes data for the 100 ...