Josh Oppenheimer, the new senior director of federal legislative affairs at the American Retirement Association, confirms that PBM reform had been a key priority for Senate HELP last year.
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 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 ...
Stay at the forefront of industry developments, regulatory updates, and essential actuarial strategies with a diverse lineup of expert-led sessions. Whether you're looking to deepen your knowledge of ...
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.
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 ...
By some measures, plans ended December better off than they had been when it began; by others, they did not. But whichever side of the ledger an analyst says private-sector DB plans ended the month on ...
The PBGC has proposed modifications to its regulations on premium rates, premium due dates, and termination of single-employer plans; they arise from the agency’s ongoing retrospective review of the ...