PBGC Issues First Opinion Letter in 24 Years on Pension Risk Transfer
The PBGC's new opinion letter clarifies ERISA compliance for pension risk transfers. Learn how this impacts employers and pension plan sponsors.
Lump-Sum vs Monthly Pension Payments: A Retiree's Guide
Explore critical choices retirees face between lump-sum and monthly pension payments, considering factors like investment returns, lifespan, and inflation adjustments.
Achmea and Longevity Reinsurance Agreements with Munich Re and Pacific Life Re
Achmea Pension & Life Insurance concludes two major longevity reinsurance agreements with Munich Re and Pacific Life Re, enhancing its pension buyout strategy.
Michigan Army Veteran Raises $1.5M After Pension Loss and Financial Hardship
Michigan Army veteran Ed Bambas receives over $1.5 million in donations after losing pension and facing financial struggles, securing his retirement and financial future.
Last Day for CSRS Employees to Increase Pension Annuity
Nov 30 is the final date for federal employees under CSRS to add to their pension annuity. Contributions beyond this date are refundable but do not increase retirement benefits.
New Haven Pension Lawsuit Highlights Oversight in Union Settlement
A New Haven pension lawsuit proceeds challenging a $400,000 firefighter annuity linked to a Supreme Court case, focusing on municipal contract oversight.
Pension Fund Targets Increased Mid-Market Participation with Strategic Acceleration
A pension fund implements a strategic plan to increase mid-market asset investments, aiming to accelerate pacing next year. Insights into pension investment trends and mid-market opportunities.
Pension Risk Transfer Market Grows to $51.8 Billion in 2024
The U.S. pension risk transfer market reached $51.8 billion in sales in 2024, with growth driven by increased plan sponsor awareness and significant corporate transactions.