Studies show that participants are unprepared for retirement. How do we help them? It’s tough because there are so many variables to saving for retirement so there is no magic dollar...Read more
Every sponsor of a traditional pension plan or a cash balance plan can be impacted by the effects of COVID-19. The impact of plan investment losses and decline in business revenue...Read more
Disclosure & Reasonableness of Actuarial Assumptions in DB and CB Plans
Actuarial equivalent means that the present value of the total amounts expected to be received under two different forms of payment are equal, based on mortality and interest assumptions specified under the pension plan.a plan is permitted to use alternative actuarial assumptions as long as they are reasonable.
Feb 19, 2019
A number of class-action lawsuits are currently testing actuarial equivalents in pension plans. This important issue may be resolved in the circuit courts or go all the way up to the...Read more