Another employer has been sued for its pension risk transfer (PRT) choice — alleging not only that a breach of fiduciary duty put pensions at risk, but that there were conflicts of interest in the ...

A report from the Congressional Budget Office estimates that repealing the GPO and the WEP would cost $195.7 billion over ten years. It would also push Social Security’s insolvency date, currently ...

Ali Khawar, Principal Deputy Assistant Secretary of the Department of Labor’s Employee Benefits Security Administration (EBSA) will leave that post when President Trump is inaugurated, the agency ...

The IRS has issued the covered compensation tables that will be effective Jan. 1, 2025. The new data is contained in Revenue Ruling (Rev. Rul.) 2025-2. This revenue ruling provides tables of covered ...

The Retirement Simplification and Clarity Act (H.R. 10467) was introduced Dec. 18 by Rep. Jimmy Panetta (D-Calif.) and cosponsored by Rep. Darin LaHood (R-Ill.), who are both members of the powerful ...

The Pension Benefit Guaranty Corporation (PBGC) on Dec.19 issued final regulations on the allocation of assets in single-employer plans in 2025. The final regulations also provide the mortality ...

The Pension Benefit Guaranty Corporation (PBGC) on Dec. 20, 2025 issued a final rule amending its regulation on Allocation of Assets in Single-Employer Plans. The amended rule prescribes the spreads ...