Loan & Distribution Specialist AimPoint Pension
|
Regional Vice President of Sales The Retirement Plan Company
|
Bates & Company, Inc.
|
Compass
|
Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
AimPoint Pension
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
Funding Relief + Higher PBGC Premiums: A Lethal Mix
Russell Investments Dec. 10, 2015 "Many view the extension of funding relief as a good thing since it gives companies more flexibility to fund their plan at their own pace.... [T]he ticking time bomb is the PBGC variable rate premiums.... The longer a company waits to fund up their plan, the more premiums the PBGC collects, to the point where as much as 25-30% of cumulative contributions are paid to cover PBGC premiums rather than to fund the plan ... There is now even more incentive for sponsors to fund up their plans earlier to avoid this cost, using either cash or by borrowing." |
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |