The Wait is Almost Over!
IRS proposes new mortality tables for pension funding and lump sum payments.
Mar 07, 2017
In general, for purposes of calculating the present values in single-employer defined benefit pension plans for minimum funding requirements, PBGC premium payments and minimum lump sum amounts, plan sponsors must use...
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Proposed Regulations for Non-Hybrid Type Defined Benefit Plans
The IRS issued proposed regulations for non-hybrid type defined benefit plans.
Dec 13, 2016
The IRS issued proposed regulations for non-hybrid type defined benefit plans. In general, current regulations provide that a defined benefit plan must provide that the present value of an accrued benefit...
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Variable Annuity Pension Plan (VAPP): Predictable Employer Costs & Lifetime Participant Income
A Variable Annuity Pension Plan (VAPP) can provide predictable employer costs & lifetime participant income. A VAPP can also eliminate interest rate risk.
Nov 30, 2015
What is a VAPP? A Variable Annuity Pension Plan is a defined benefit (DB) pension plan that provides a lifetime income to participants, may increase payments to offset inflation, and provides...
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RP-2014 Mortality Tables – The Shock of Americans Living Longer
The Society of Actuaries (SOA) released new reports that will "form a new basis for the measurement of retirement program obligations in the United States".
Nov 21, 2014
What has happened? On October 27, 2014, the Society of Actuaries (SOA) released RP-2014 mortality tables and mortality improvement Scale MP-2014 that will “form a new basis for the measurement of...
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