Pensions
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Milliman Benefits account loginReview the latest study on the funding levels of corporate pension plans.
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Utilizing excess assets in a defined benefit plan for effective workforce reduction
The challenge: incentivizing a workforce reduction
Market Based Cash Balance Plan (MBCBP): Frequently Asked Questions
We answer some FAQs to help employers decide whether to sponsor a market-based cash balance plan.
Pension risk transfers: DOL reviews IB 95-1, guidance for selecting an annuity provider
The Employee Benefits Security Administration (EBSA) of the U.S. Department of Labor (DOL) recently issued its report to Congress on Interpretive Bulletin 95-1 (IB 95-1).
How has pension plan participant behavior changed within a high interest rate environment?
De-risking considerations for plan sponsors
Dear Actuary: Actuarial audits
An overview of the many potential perspectives for an actuarial review as well as the possible levels of detail for the review.
Frozen pension plan with a surplus? Four strategies for plans with excess assets
According to Milliman’s latest Pension Funding Study, over one-third (35) of the 100 plans in our study have excess assets. This article explores four different approaches plan sponsors can take for frozen plans with surplus assets.
Is it time to unfreeze your company’s defined benefit plan?
How a prefunding strategy and rising interest rates enabled a nonprofit to reopen its pension
Should you switch to the standard method to calculate your 2023 PBGC premiums?
Switching methods used to calculate premiums paid to the Pension Benefit Guaranty Corporation (PBGC) can be a good way for plan sponsors to save on those payments.
Actuarial impact of SECURE 2.0 on single employer DB plans
The SECURE 2.0 Act of 2022 was signed into law on December 29, 2022. While most of the attention has been on the changes that apply to defined contribution (DC) plans, there are some that apply to defined benefit (DB) plans.
Why should projections matter to pension plan sponsors
Good governance by a plan sponsor involves not only knowing where a pension stands today, but also where it may be going.