Retirement Strategy We know that a retirement program is a valued benefit that can be a large portion of the wage package, and is therefore a frequent topic of conversation with both Union members and Employers. We assist in the development of strategic plans that align your retirement goals (defined benefit, defined contribution and retiree medical) with your business and membership objectives. Our focus is on understanding the concerns and goals of both Labor and Management, and then working with the Trustees to develop a strategy that provides the greatest opportunity for success. ZoneCast has been designed for Multiemployer pension plans to project future zone status under a wide range of benefit design, asset return, contribution, and industry activity scenarios. The tool allows Trustee Boards to review current and projected plan funding in order to make decisions in a single meeting, which has proven to be especially useful for developing Funding Improvement or Rehabilitation Plans. The tool also includes measures of stochastic projections, illustrating the likelihood of future zone status, so decisions can be made reflecting the investment risk of the Fund.
Contribution and Benefit Strategies