Featured Jobs
|
BPAS
|
|
Regional Vice President, Sales MAP Retirement USA LLC
|
|
Relationship Manager for Defined Benefit/Cash Balance Plans Daybright Financial
|
|
Managing Director - Operations, Benefits Daybright Financial
|
|
Cash Balance/ Defined Benefit Plan Administrator Steidle Pension Solutions, LLC
|
|
Retirement Relationship Manager MAP Retirement
|
|
ESOP Administration Consultant Blue Ridge Associates
|
|
Pentegra
|
|
MAP Retirement
|
|
Southern Pension Services
|
|
BPAS
|
|
Anchor 3(16) Fiduciary Solutions
|
|
Retirement Plan Administration Consultant Blue Ridge Associates
|
|
Retirement Plan Consultants
|
|
July Business Services
|
|
BPAS
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
Bailing Out the Central States Pension Plan: Some Retirees Are More Equal Than Others?
Washington Examiner 
[Opinion] May 6, 2021 "[T]he bailout is based on investment returns equal to the low end of a plan's discount rate for 2019 or 5.5%. Central States used 3% for 2019, although pension promises were made in prior years using 7.5% and 8% ... [T]he ultimate heist would be for Central States to flip its interest rate back to 8% for purposes of future contributions while collecting from taxpayers at 3% ... For new pension promises due in 30 years, Central States would get $4 from taxpayers for every dollar it charges employers." |
| 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). |