Tycor Benefit Administrators, Inc.
Nicholas Pension Consultants
Abacus Retirement Solutions, LLC
Retirement Learning Center
Heritage Pension Advisors, Inc.
Nova 401(k) Associates
Orange County Employees Retirement System
Jordan & Associates Retirement Services
The Retirement Plan Company
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|Death to Smoothing: Tough Regulatory Environment Another Nail in Coffin for Defined Benefit Plans|
Feb. 24, 2005
Excerpt: Like Sisyphus, who was condemned to roll a rock up a hill each day only to watch it roll back down again, pension plan sponsors can't seem to make any progress. They poured record amounts of cash into their plans -- an estimated $40 billion in 2004 on top of contributions of more than $70 billion in 2003 -- to comply with federally mandated minimum funding levels, but mediocre stock market returns, persistently low interest rates, and ballooning retiree populations mean plans are in[.]
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