Pensions in the United States

Elder Law Practice Expands in Arizona

Retrieved on: 
Thursday, March 24, 2022

GREEN VALLEY, Ariz., March 24, 2022 /PRNewswire/ -- Law firm devoted to helping veterans apply for the VA Pension opens new office in Arizona. 

Key Points: 
  • GREEN VALLEY, Ariz., March 24, 2022 /PRNewswire/ -- Law firm devoted to helping veterans apply for the VA Pension opens new office in Arizona.
  • Marcie Johnson, VA accredited attorney with The Johnson Firm, P.C., is here to help wartime veterans, or their surviving spouse, receive tax-free money to help pay for long-term care.
  • A father-daughter team with over 45 years legal experience, The Johnson Firm, PC specializes in helping veteran families protect their life savings from potentially devastating healthcare costs.
  • At The Johnson Firm, P.C., you can expect compassionate guidance based on years of experience with a focus on education.

Unisys Completes Lump-Sum, Cash-out Offer for Eligible Former U.S. Associates, Marking Latest Step to Reduce Pension Exposure

Retrieved on: 
Friday, December 18, 2020

Earlier in 2020, the company reduced its required U.S. pension contributions and deficit by contributing approximately $800 million to its U.S. pension plans.

Key Points: 
  • Earlier in 2020, the company reduced its required U.S. pension contributions and deficit by contributing approximately $800 million to its U.S. pension plans.
  • With the action announced today, the company is working to reduce its overall gross pension liabilities.
  • Unisys expects that this action will reduce annual administrative costs, including Pension Benefit Guaranty Corporation premiums.
  • Unisys expects the lump-sum payments, which will come from the pension trust, to be made by the end of the year.

Milliman analysis: Corporate pensions improve by $93 billion in August, second-largest monthly increase in 20 years

Retrieved on: 
Wednesday, September 9, 2020

In August, corporate pensions experienced the second-largest monthly funding increase in the past two decades, with a funded status improvement of $93 billion.

Key Points: 
  • In August, corporate pensions experienced the second-largest monthly funding increase in the past two decades, with a funded status improvement of $93 billion.
  • In the 20-year history of the PFI, only July 2003's monthly increase of $203.8 billion was higher.
  • These plans saw a monthly asset gain of 0.94%, which increased the PFI asset value by $11 billion.
  • The information, data, and footnotes do not represent the funded status of the companies' U.S. qualified pension plans under ERISA.

Employee Benefits Law: ERISA and Beyond (2019 Edition) - ResearchAndMarkets.com

Retrieved on: 
Wednesday, December 18, 2019

The "Employee Benefits Law.

Key Points: 
  • The "Employee Benefits Law.
  • ERISA and Beyond" book has been added to ResearchAndMarkets.com's offering.
  • ERISA - the Employee Retirement Income Security Act - requires that employee benefit plans meet the demands of no fewer than three federal agencies: the Internal Revenue Service (IRS); the Department of Labor (DOL); and the Pension Benefit Guaranty Corporation (PBGC).
  • Employee Benefits Law: ERISA and Beyond takes you step by step through these and other statutes and regulations to help ensure that your plans are properly structured, qualified and implemented.

ERISA Service Provider, Clarity Benefit Solutions, Lists Four Common ERISA Pitfalls to Avoid

Retrieved on: 
Wednesday, March 13, 2019

NEW YORK, March 13, 2019 /PRNewswire/ -- ERISA service provider , Clarity Benefit Solutions, lists four common ERISA pitfalls to avoid.

Key Points: 
  • NEW YORK, March 13, 2019 /PRNewswire/ -- ERISA service provider , Clarity Benefit Solutions, lists four common ERISA pitfalls to avoid.
  • The Employee Retirement Income Security Act of 1974 (ERISA) establishes minimum standards for a majority of benefits plans as well as voluntarily established pension programs.
  • The following are common ERISA pitfalls companies should avoid.
  • About Clarity Benefit Solutions: Clarity Benefit Solutions provides technology that makes the health insurance plan selection process fast, easy, and straightforward.