Pension | FamilyWealth

U.S. Corporate Pension Funding Inches Up in April - 3 Reports

Strong equity markets as the primary driver for the increases

Texas Senate Bill Would Close State Pension Plan to New Employees

The Texas Senate passed a bill that would close the Texas Employees Retirement System's traditional defined benefit plan and move new hires to a cash balance plan

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Pension Legislation Inches Forward, But Unions Concerned about Representation

After being stuck at the starting line for weeks, pension legislation is finally...

Covid-19 Relief Law Gives Companies More Time to Fund Pensions

Finance chiefs will get more time to cover their companies’ pension deficits and more...

4 Drawbacks of Relying Only on Social Security in Retirement

Social Security is an important source of retirement income, but it shouldn't be the only...

PBGC Updates Data on Single-Employer, Multiemployer Plans

The Pension Benefit Guaranty Corporation (PBGC) has released new studies that update its...

U.S Urged to Adopt Auto-Enrolment to Address Pensions Crisis

Tens of millions of US workers could be saved from spending their old age in poverty if...

Legislator's Proposal to Change Pension Benefits of New Teacher Hires Draws Mixed Reaction

Legislators in a Frankfort committee heard details Wednesday about a draft bill to change...

Corporate Pension Funding Shows Mixed Results in September

Plan sponsors should review 2021 budgets and understand the sensitivity of pension...

Eliminating Payroll Tax Could Deplete Social Security by 2023, Chief Actuary Estimates

Social Security funds would run out as early as 2023 if President Donald Trump opts to...

Public Pension Funds Make Record Gains

Public pension funds set a 22-year performance record in the second quarter, recovering...