Employee Benefits

MARCH 4, 2024

Credit: Natata/Shutterstock Need to know: The abolition of the pensions lifetime allowance in April will require an overhaul of employee communications, and a revaluation of pension scheme design and administration, including opportunities to simplify the scheme and reduce the cost of running it.

Pension 59

Pension Pension Benefit Employment Taxes 59

Proskauer's Employee Benefits & Executive Compensa

JULY 11, 2022

On July 8, 2022, the Pension Benefit Guaranty Corporation (“PBGC”) published its much anticipated final rule on the special financial assistance (“SFA”) available to certain troubled multiemployer plans under the American Rescue Plan Act of 2021 (“ARPA”). The final rule maintained the IFR’s priority and metering process.

Pension 97

Pension Pension Benefit Consulting Employment 97

Empuls

JUNE 21, 2024

Defined benefit plans  This retirement benefit plan is calculated based on multiple factors, including salary and service. The plans are protected by federal insurance provided through the Pension Benefit Guaranty Corporation or PBGC.  Let us analyze how that fared for Allstate.  

401(k) 40

401(k) Retirement Plan Pension roth 401(k) 40