For private pension plans that must comply with the funding rules introduced by the Pension Protection Act of 2006, investment performance and interest rate levels drive the contribution requirements. The collapse of the stock market in 2008 has been followed by extremely low interest rates in 2009 and 2010, increasing costs in nearly all U.S. private pension plans. How high will they get and when will we get over the hump?
Speaker: John Dowell, Actuary and pension consultant for Nyhart
Presented: Thursday, June 23, 2011
If you or your company would like to schedule a private presentation for your plan committee, please contact us at education@nyhart.com.
Nyhart, one of the nation’s largest independent actuarial and employee benefits consulting firms, is pleased to present educational programs for CFOs and defined benefit plan sponsors in government and private businesses who currently offer pension benefits.