Employee Benefits

MARCH 11, 2024

The bank also maintained a 1% increase in non-pensionable benefits , which was implemented last year.” The post Bank of England gives employees 4% pay rise appeared first on Employee Benefits.

Banking 102

Banking Pension Benefit Pension Insurance 102

International Foundation of Employee Benefit Plans

FEBRUARY 28, 2023

For the first time since the Employee Retirement Income Security Act of 1974 (ERISA) introduced the concept of withdrawal liability, the Pension Benefit Guaranty Corporation (PBGC) has announced a proposed.

Pension Benefit 103

Pension Benefit Pension Employment Employee Benefits 103

International Foundation of Employee Benefit Plans

JULY 8, 2022

Changes to the Special Financial Assistance (SFA) Program announced Wednesday by the Pension Benefit Guaranty Corporation (PBGC) will improve the ability of underfunded multiemployer defined benefit (DB) pension plans to.

Pension Benefit 98

Pension Benefit Pension Education Employee Benefits 98

International Foundation of Employee Benefit Plans

MARCH 14, 2023

A new rule proposed by the Pension Benefit Guaranty Corporation (PBGC) would increase the certainty of withdrawal liability determinations for multiemployer benefit plans and likely help prevent withdrawal liability disputes from going to arbitration and litigation, PBGC officials say.

Pension Benefit 97

Pension Benefit Pension Employment Employee Benefits 97

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.

Pension 59

Pension Media Pension Benefit Salary 59

Employee Benefits

MAY 13, 2024

The organisation’s emphasis has changed from how to improve the benefits offering to how to best promote the benefit offering so staff utilise it fully, explains Ian Mackenzie, head of pension, benefits and wellbeing at BNP Paribas UK. “We

Pension 59

Pension Pension Benefit Medical Insurance 59

Employee Benefits

MARCH 4, 2024

From April 2023, the LTA charge was removed and pension benefits have been taxed as income with no additional penalty since then, but the formal abolition of the LTA required a raft of new legislation which is now complete, so this will take place from April 2024. appeared first on Employee Benefits.

Pension 59

Pension Pension Benefit Employment Taxes 59