Articles for: Pension
What are the contribution requirements of a frozen pension plan?
Some defined benefit plans have been amended to cease benefit accruals, and typically also close the plan to new entrants. These plans are called “frozen” plans. Although no further benefits [...]
Key words: Defined Benefit,frozen plan,Pension
How do you mitigate investment risk in your pension plan?
Plan sponsors of defined benefit pension plans are funding in order to pay benefits as they become due in the future. If a participant retires and chooses to receive a [...]
Key words: Defined Benefit,investment risk,LDI,Pension
What are the pros and cons of sponsoring a defined benefit plan?
A defined benefit plan provides a specified level of benefit upon retirement, in contrast to a defined contribution plan that merely provides an account balance. A defined benefit plan can [...]
Key words: Defined Benefit,Pension
What does it mean for a pension plan to be “fully funded”?
There is no single definition of a fully funded defined benefit plan. One measure of whether a defined benefit pension plan is fully funded is determined by the actuary of [...]
Key words: Defined Benefit,Pension
Discount Rate in Citigroup Pension Liability Index Reaches New Low
The discount rate in the Citigroup Pension Liability Index, a benchmark for the rates at which corporate defined benefit pension plans discount their liabilities, fell to record low of 4.69% [...]
Key words: Pension