Employee Benefits

JULY 29, 2024

The Court of Appeal has upheld the High Court’s ruling that a written actuarial confirmation was required where an alteration to the Virgin Media scheme’s rules affected pension benefits for past or future service benefits. What evidence might be sufficient to demonstrate that a compliant actuarial confirmation was, in fact, provided?

Pension 59

Pension Media Pension Benefit Salary 59

Employee Benefits

AUGUST 9, 2023

Smith and Nephew UK Pension Fund has completed a £260 million buy-in deal. The transaction with Rothesay, which secures the benefits of 1,885 pensioners and dependants, as well as 2,315 deferred members, is the final transaction securing the fund’s objective of insuring all of its members’ benefits.

Pension 52

Pension Consulting Medical Insurance 52

The Teacher's Advocate

SEPTEMBER 6, 2019

In 2013 the state of Pennsylvania was considering some changes to their retirement system which evidently called for a 401(a) plan for employer contributions. The NTSA wasn't happy about this because the money wouldn't be run through their vendors and agents, meaning no fees and commissions. The facts suggest otherwise.

Commissions 52

Commissions Retirement Plan Finance Pension 52

HR Bartender

MARCH 25, 2016

According to a 2015 Federal Reserve Report, 31 percent of non-retired people said they have no retirement savings or pension whatsoever. Additionally, a 2013 report by the National Institute on Retirement Savings found that the average near-retirement household had only $12,000 in planned savings.

401(k) 61

401(k) Pension Banking Human Resources 61

Proskauer's Employee Benefits & Executive Compensa

JANUARY 31, 2023

One of the many changes is an end to the annual indexing of the PBGC’s variable rate premium for single-employer pension plans, which is the portion of the single-employer plan premium that is based on a plan’s unfunded vested benefits (as determined using the PBGC’s premium funding rules). As previously discussed , the SECURE 2.0

Pension 40

Pension Executive Compensation Retirement Plan Employment 40

cipHR

MARCH 27, 2023

The definitive A-Z of payroll outsourcing in the UK A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | A: Auto-enrolment The process through which qualifying employees are automatically entered into workplace pension schemes. Typically this will be through payroll software.

Payroll 52

Payroll Outsourcing Payroll Payroll Software Family and Medical Leave Act 52

cipHR

JUNE 15, 2023

RTI reporting has been applied to all employers and pension providers since October 2013, and helps HMRC understand exact figures for pay-as-you-earn (PAYE) employees in real-time, rather than on an annual basis. Ciphr’s pension payroll software is fully automated and configured to meet the needs of your pension providers and schemes.

Payroll Software 52

Payroll Software Payroll Software Outsourcing Payroll 52