Actuaries will teach pension plan sponsors on the ongoing expenses and costs of defined benefit plans
May 4, 2011 (Indianapolis) – Nyhart, one of the nation’s largest independent actuarial and employee benefits consulting firms, has announced an educational series for CFOs and defined benefit plan sponsors in government and private businesses who currently offer pension benefits.
The two seminars, available both as a webinar and in-person at Nyhart’s headquarters in Indianapolis, will be geared to highlight how ongoing regulatory changes and financial factors are impacting the viability of pension benefits.
High Pension Costs: When and Where is the Peak?
Thursday, June 23 at 11 a.m. featuring Actuary John Dowell
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? (Learn more or RSVP)
Managing a Frozen Pension Plan – Should Your Strategy Change?
Thursday, June 30 at 11 a.m. featuring Actuary Heath Merlak
Once benefit accruals are frozen in a pension plan, the game is changed. The indefinite horizon becomes finite. If plan termination is the ultimate goal, the desired horizon is likely five years or less. Should strategic changes be made given this reduced timeframe? (Learn more or RSVP)
Individuals interested in attending the events in person or via webinar may contact James Burnes at connect@nyhart.com to be added to the invitation list. There is no cost to attend the program. Seating is limited.