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Tracy McMullen: Ashurst engages all staff in pension savings

Employee Benefits

At Ashurst, we closely consider the pension and benefits we offer and focus particularly on how we engage our people in these offerings to ensure they are of maximum benefit. Given the strong response, this approach will be further built on in 2022.

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Defined Benefit vs. Defined Contribution: Choosing the Right Retirement Program 

HR Professionals Magazine

Employer-sponsored retirement plans are divided into two major categories: defined-benefit plans and defined- contribution plans. As the names imply, a defined-benefit plan—also commonly known as a pension plan—promises a specified benefit amount at retirement. Examples of.

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The Impact of Indexing: 13 Real World Examples

Money Talk

As we close out 2021 and get ready to welcome 2022, it is a good time to consider the impact of indexes (a.k.a., Some indexes adjust annual limits related to financial planning for inflation, some adjust interest earned or paid by consumers, and others measure the performance of something relative to a benchmark indicator.

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SECURE 2.0 Includes PBGC Premium Relief… for Some Plans

Proskauer's Employee Benefits & Executive Compensa

Act of 2022 (“ SECURE 2.0 ”) that was signed into law on December 29, 2022 as part of the 2023 Consolidated Appropriations Act includes a slew of changes for retirement plan sponsors and employers. As previously discussed , the SECURE 2.0

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PBGC Provides One-Time 4010 Filing Waiver for Certain Employers

Proskauer's Employee Benefits & Executive Compensa

As explained in the Update, the “atypical and almost unprecedented interaction of market conditions” in late 2022 and early 2023 is expected to drive many plans’ 4010 FTAP below 80% “for the first time in a long time (or perhaps ever).”