What Are the Features of a Defined Benefit Plan? A defined benefit plan guarantees retirement benefits for an employee. Some of the features include: Employer sponsored: The employer funds and manages ...

Sometimes fate intervenes to give people what they deserve. I believe that after having their retirement security taken from them, Americans deserve more guaranteed income. It’s time to bring back the ...

A defined-benefit plan is an employer-sponsored retirement plan in which the benefits are determined by a company-specific formula. One notable aspect of a defined-benefit plan is that they are ...

You may have read recent commentaries in the ADN that have made claims about what it means to support public safety. All too often, what gets lost in the discussion are the voices of actual public ...

The SECURE Act 2.0, enacted in December 2022, made several updates to what must be included in annual funding notices (“AFN”) issued by defined benefit pension plans. For large plans (as defined below ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Christopher Wright told the truth in his recent commentary when he wrote that not all public employees want a defined-benefit pension. Thanks to his contribution, I now know of one; but other than ...