One recent line of ERISA litigation involves the actuarial equivalence factors used by defined benefit pension plans. The lawsuits apply both to active defined benefit pension plans and pension plans ...
The Council of Ministers approved Resolution No. 687, regarding the actuarial impact on pension funds within retirement systems resulting from transformation and privatization processes. The decision ...
Michael Madigan, speaker of the Illinois House of Representatives and chairman of the Democratic Party of Illinois, speaks during a press conference at the State Capitol in Springfield, Illinois, U.S.
A recent decision by the U.S. Court of Appeals for the Sixth Circuit (which covers Michigan, Ohio, Tennessee and Kentucky) signals an increased willingness to scrutinize outdated actuarial assumptions ...
Changes to Illinois state pension benefits that may be needed to comply with federal Social Security rules carry an estimated $5.6 billion tab through 2045, according to an actuarial study published ...
Once again, the bright and conscientious academics at Boston College's Center for Retirement Research (CRR) have issued a timely and insightful report on pension finances that should be studied ...
Pension Plan consulting actuary with 40+ years of experience. Had third party administration (TPA) and actuarial firm serving 650 pension, profit sharing and 401k plans. Experienced in consulting and ...
If the Actuarial Standards Board enacts recommendations from its Pension Task Force, actuarial valuations for state and local government pensions will report unfunded liabilities of over $5 trillion ...
A former employee of Howard University has sued the Washington-based institution and its fiduciaries alleging ERISA violations due to an "unreasonable" formula for calculating pension payments. The ...