Employee Benefits

FEBRUARY 26, 2024

Almost half (49%) of working adults have changed their retirement plans because of the cost-of-living crisis , according to new research by the Pensions Management Institute. The professional body that supports and develops UK pension schemes surveyed 2,030 employees with pensions.

Retirement Plan 59

Retirement Plan Pension Pension Benefit Government 59

McDermott Will & Emery Employee Benefits

AUGUST 15, 2023

In an acknowledgment of uncommon market conditions and their corresponding effect on defined benefit pension plan funding, the Pension Benefit Guaranty Corporation (the PBGC) provided a welcome one-time waiver for some underfunded pension plans under Section 4010 of the Employee Retirement Income Security Act (ERISA).

Pension 98

Pension Pension Benefit Employee Benefits Retirement Plan 98

Empuls

JUNE 21, 2024

The research also revealed that up to 77% of workers with access to employer-sponsored benefits, chose to participate in the program, increasing the take-up rate.   A thoughtfully crafted retirement plan can positively impact employee morale.   Let's quantify the significance of retirement rewards. 

401(k) 40

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

Employee Benefits

FEBRUARY 16, 2022

At Ashurst, we closely consider the pension and benefits we offer and focus particularly on how we engage our people in these offerings to ensure they are of maximum benefit. This means ensuring they are not only relevant but that employees are engaged with what is available to them.

Pension 52

Pension Pension Benefit Finance Retirement Plan 52

HR Digest

FEBRUARY 20, 2020

Retirement plans for a person are valuable benefits that impact both the present as well as future lives of the employees. However, offering retirement benefits to an employee can be a complicated process. 60% of people would instead opt for a job with lower pay but excellent retirement benefits.

Pension 87

Pension Retirement Plan Taxes Pension Benefit 87

Employee Benefits

JANUARY 26, 2022

Then in the years before retirement, support should be provided around tax efficiency, planning for retirement and understanding retirement income options, clearing debt and maximising pension benefits and other savings. The post Early and multiple interventions will improve pensions engagement!

Pension 52

Pension Pension Benefit Retirement Plan Taxes 52

HR Professionals Magazine

JANUARY 31, 2022

Employer-sponsored retirement plans are divided into two major categories: defined-benefit plans and defined- contribution plans. As the names imply, a defined-benefit plan—also commonly known as a pension plan—promises a specified benefit amount at retirement. Examples of.

401(k) 40

401(k) Pension Profit Sharing Plan Pension Benefit 40