January 20, 2021
Via: SHRMThe new guidance “reflects our ongoing commitment to help plan fiduciaries ensure that their plan participants and beneficiaries receive the retirement benefits that they worked so hard to earn,” said Jeanne Klinefelter Wilson, principal deputy assistant secretary of labor for […]
July 12, 2019
Via: HR HeroTotal sales of U.S. single-premium defined benefit (DB) pension buyout products soared above $4.7 billion in the first quarter, the highest pension risk transfer (PRT) sales in that period in more than 30 years, according to data from the LIMRA […]
January 10, 2018
Via: WorkforceUnited Technologies Corp. said it has the pension for the 21st century built into its 401(k) plan. It’s called lifetime income, and United is one of the few companies that automatically enrolls workers into the option. About five years ago, […]
December 7, 2023
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