Category

2021-Industry

The Pandemic Hit Public Pension Funds Hard, But Now They’re Better Funded Than They’ve Been in Years

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Pension funded levels have recovered rapidly from the lows of the pandemic, according to GSAM.
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Advisers Plan More Annuity Recommendations Amid the Pandemic

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Data from InvestmentNews Research and an annuities webcast show that more advisers are interested in the products.
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A Rock in a Rough Sea: How the Pension Risk Transfer Market Set Records in 2020

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In a year of uncertainty and volatility, the risk transfer market gave security and stability to thousands.
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The Covid Relief Multiemployer Pension Bailout is Complete: Now What?

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Now the bill has been passed by House and Senate and awaits President Biden’s signature.
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Why Annuities Are so Helpful in Today’s Market Environment

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Thanks to increases in longevity and lower expected returns from stocks and bonds in the foreseeable future, annuities are now seen as a big part of the solution.
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GM to Gas Up Non-US Pension Plans with 500 Million

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General Motors Co., Detroit, expects to contribute about $500 million to its non-U.S. pension funds in 2021.
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Private Sector Pensions Start 2021 with Good News

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This article discusses the new year starting with good news for private-sector defined benefit plans according to two recent reports.
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House Includes Pension Reform Plan in COVID-19 Relief Bill

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Included by The House Ways and Means Committee, the provision is called the Butch Lewis Emergency Pension Plan Relief Act of 2021.
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Senate Bill Would End Florida’s Retirement System’s Pension Option for New Employees

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An article that discusses the issues with overhauling Florida’s retirement system for government employees.
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US Pension Spending Supports $1.3 Trillion in Economic Output

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A new report from the National Institute on Retirement Security (NIRS) highlights the major impact pensions have on the US’s economic output.
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