For years, industry experts have been predicting a wholesale shift away from defined benefit health insurance plans to defined contribution. The reality, however, has been more complicated and nuanced ...

A defined benefit plan is a retirement option where the benefits paid on retirement are calculated using a fixed formula. The formula is typically based on the employee’s salary history and the number ...

Over the past 50 years, the retirement landscape has steadily shifted from defined benefit (DB) pension plans to defined contribution (DC) plans. In fact, as of the fourth quarter of 2024, private ...

The evolution of employee benefits programs has had a decisive impact on employers and insurance carriers, and some clear trends are emerging. One relates to the arrival of public exchanges and ...

The Plumbing and Mechanical Services Industry Pension Scheme will offer a lower contribution scale to new employers joining the career average scheme, to help it compete with defined contribution ...

Sometimes fate intervenes to give people what they deserve. I believe that after having their retirement security taken from them, Americans deserve more guaranteed income. It’s time to bring back the ...