Employee Benefits

JANUARY 22, 2024

To meet Gen Z’s needs, your organisation must promote the importance of a work-life balance from the beginning of the employee journey. Pensions and Future Planning Contrary to stereotypes, Gen Z actually places significant importance on pension benefits for future planning.

Pension Benefit 115

Pension Benefit Pension Paid Leave Transportation 115

Employee Benefits

JANUARY 18, 2022

But there is another lifestage that presents different financial challenges. Many employers realise how important it is to prepare employees for life after work. appeared first on Employee Benefits. As people age, making ends meet day-to-day takes a back seat as finances become more stable.

Pension 141

Pension Pension Benefit Finance Salary 141

Proskauer's Employee Benefits & Executive Compensa

JANUARY 27, 2023

The participant filed suit after his administrative appeal was denied, arguing that the plan should be equitably estopped from reducing his benefit because he relied on the plan’s benefit estimate when he decided to begin collecting his pension benefits. App’x 588 (6th Cir.

Pension 111

Pension Pension Benefit Employment 111

Proskauer's Employee Benefits & Executive Compensa

OCTOBER 17, 2022

A hotly debated (and litigated) issue for multiemployer pension plans in recent years has been the appropriate interest rate to determine a multiemployer pension plan’s liabilities when calculating the plan’s underfunding for withdrawal liability purposes.

Pension 95

Pension Pension Benefit Employment IT 95

Proskauer's Employee Benefits & Executive Compensa

AUGUST 20, 2021

This episode of The Proskauer Benefits Brief is the second of our three-part series analyzing the Pension Benefit Guaranty Corporation (PBGC) guidance on the new special financial assistance program for troubled multiemployer pension plans that was created by the American Rescue Plan Act (ARPA). Listen to the podcast. .

Pension 98

Pension Pension Benefit Employment Executive Compensation 98

Employee Benefits

FEBRUARY 17, 2023

For example*, if someone aged 45 has a pension fund of £400,000 and a salary of £50,000, saves 5% of their salary into their pension which rises by 3% p.a and receives employer contributions of 10%, it is possible for their pension fund to reach £1,381,000 by the time they retire at 65. appeared first on Employee Benefits.

Pension 104

Pension Taxes Pension Benefit Salary 104

Proskauer's Employee Benefits & Executive Compensa

SEPTEMBER 22, 2022

Under the rule, a “financial performance measure” other than stock price or TSR generally must be determined and presented in accordance with the accounting principles used for financial statements; this accounting nexus should be considered when selecting financial metrics other than stock price and TSR. Relaxed Requirements for SRCs.

Executive Compensation 85

Executive Compensation Pension Pension Benefit Consulting 85