Tag: Funding requirements
Making liabilities look small doesn’t make them go away. In doing background reading to figure out how many companies may follow IBM and reopen a closed defined benefit plan, commentators kept referring to “funding relief,” which – combined with the improved funded status and de-risking – has dramatically reduced the likelihood that a company would…
Funding requirements could be useful, but would have to pass constitutional muster. In a recent meeting, an expert very supportive of public sector employees raised the question of PERISA. These initials are shorthand for federal regulation of state and local pension plans, essentially extending some or all of the Employee Retirement Income Security Act of…
