Public pensions, mult-employer, single-employer, church plans: where do you draw the line between reasonable relief and bailout, and if there are pension bailouts to be had, who should get them?
It’s a lesson in pension funding – and the value of overfunding pensions, however unintentionally.
Pension actuarial firms are consolidating. Bye bye pensions! Bye bye pension actuaries!
FedEx is closing its pension plan. But the story isn’t a simple one.
Were you surprised that pensions continue to exist, at least at a minority of companies in certain sectors?
Lump sums in lieu of pensions are great – for a small segment of the population only. But there’s no cheating involved in the calculations.
What do you think should be central to any retirement plan offered outside the workplace?
There’s no easy way to get around the fact that the switch from traditional pensions to 401(k)s meant a move from backloaded to evenly-accruing benefits.