The number of employers registered with CalSavers continued to rise in 2024. That’s not a surprise, really, since it IS the law — private-sector employers that do not offer a retirement plan are ...

The ESOP proposal was, in any case, poorly received by the ESOP industry. The ESOP Association said the main proposal as well as an accompanying safe harbor proposal “will require substantial ...

The IRS and the Pension Benefit Guaranty Corporation (PBGC) have updated the membership of advisory bodies that provide them with recommendations and feedback.

The Pension Benefit Guaranty Corporation (PBGC) provides coverage for plans and participants; doing so entails responsiveness and efforts to improve processes and procedures. The PBGC’s Office of the ...

Pension obligations fell by more than $100 billion — that’s billion with a “b” — in 2024, says WTW. More specifically, they ...

Treasury Secretary nominee Scott Bessent, in his confirmation hearing before the Senate Finance Committee, warned that the nation could face an economic crisis if Congress fails to extend the Tax Cuts ...

The Pension Benefit Guaranty Corporation (PBGC) has proposed modifications to its regulations on premium rates, premium due dates, and termination of single-employer plans. These changes arise from ...

How did private-sector pension plans do as 2024 drew to a close? That depends on whose evaluation you’re reading. By some measures, plans ended December better off than they had been when it began; by ...

The Department of Labor’s Employee Benefits Security Administration (EBSA) on Jan. 14 announced an enforcement relief policy that will make it possible for retirement plan fiduciaries to help manage ...