The SOA’s public-sector mortality study is designed to provide public pension actuaries and plan sponsors with information to help set mortality assumptions and includes separate mortality tables for ...
The first major settlement of a lawsuit challenging the mortality assumptions used to calculate pension plan benefits was announced earlier this year. According to court filings in Cruz v. Raytheon ...
As one of your 2 million employers, I'd like to explain why I voted last weekend to except Houston from a constitutional amendment that would lock in your retirement benefits. I think I owe you that.
During December 2014, the average cost of purchasing annuities from an insurer to cover pension liabilities decreased from 109.0% to 105.3% of the accounting liability, according to the Mercer U.S.
The government has refused to rule out introducing key changes to pension policy at the Budget as thousands of savers express ...
Schuylkill County retirees will wait one more month for a decision on a pension increase. Representatives from the county’s retirees association attended the county commissioners meeting Wednesday to ...
The year-long debate over who will pay for the pensions of non-teaching Chicago Public Schools employees ended after a tense, hours-long meeting where the Chicago Board of Education voted to agree ...
Earlier this week, I introduced legislation to protect 48,000 Ohioans from having their hard-earned pensions cut with no say in the process. The Pension Accountability Act gives workers and retirees a ...
Connecticut’s small towns pressed the General Assembly on Thursday to take the governor’s proposal to shift a third of teacher pension costs onto communities “off the table” in state budget ...