Each year, defined benefit (DB) pension plan sponsors must pay pension insurance premiums to the Pension Benefit Guaranty Corporation (PBGC). In light of large PBGC premium rate increases in 2013 and future years, plan sponsors should carefully evaluate their options before proceeding with their …
interest rate stabilization
MAP-21: Good News & Bad News for Pension Plans
The "Moving Ahead for Progress in the 21st Century" (MAP-21) legislation signed into law last week included significant pension law changes. These included good news and bad news for sponsors of defined benefit pension plans. The good news is that MAP-21 provided some relief from the historical …