Information Center - Published Articles

Law 360: Plan Sponsors Should Consider Pension De-Risking

The underfunded size of a pension plan is debt. There is an increasing view among corporate CEOs and CFOs that pension debt is a riskier form of debt than traditional debt, because pension debt carries additional volatility. As such, there should be a premium associated with managing that risk and companies are weighing this risk

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SOA Mortality Improvement Scale MP-2017 Released

The Retirement Plans Experience Committee (RPEC) of the Society of Actuaries recently released mortality improvement table MP-2017, an updated version of their MP series of mortality improvement tables. The update reflects historical experience through 2015, in which age-adjusted mortality rates actually increased over the prior year.As we speculated in our 2018 IRS mortality article, the

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2018 IRS Mortality Tables Finally Released: What Plan Sponsors Need to Know

On October 3, 2017, the IRS released Notice 2017-60, which summarizes rules provided in regulations to be released October 5, 2017 in regard to 2018 mortality and mortality improvement tables that are to be used for the following:Minimum funding calculations under IRC §430 for single employer defined benefit pension plans, andCalculating minimum lump sums and

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Get Yourself Out of the Rut! Rejuvenate Your Motivation with a New Mindset – Dinkin’s Thinkin – Smart Business Magazine

  How often have you heard, “I’ve lost my motivation,” and “I’m in a rut?” Certainly, what motivates me is different than what motivates you. But lack of motivation doesn’t have to be a permanent shortcoming. Rather, it is something temporary that can dominate everything we think, limiting what we do. In his blog, Rich

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De-Risking Strategies for Governmental Pension Plans is Discussed in Bob Hazy’s Article Published in the GFOA’s Ledger

  PENSION DE-RISKING: A PRIMER FOR GOVERNMENTAL SPONSORS By:   Robert W. Hazy, EA, FCA, MAAA, Senior Consultant and Actuary, Cowden Associates, Inc. Pension plans are a risky venture – and the sun rises in the east, and it’s dark at night – Have we enlightened you so far?  Sponsors of traditional defined benefit pension plans

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