Posts tagged ‘Actuarial’

Better Never than Late: Late Retirement Windfall Lays Trap for Plan Sponsors



Since 1974, ERISA has dictated that the normal retirement date (NRD) for single employer defined benefit (DB) plans be no later than age 65. (I don’t want to say this rule is old, but the original draft defined it as “Age LXV”.)  Back then, much more focus was placed on early retirement…

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The Best-Laid Plans Are Nice and Then…



Sponsors of defined benefit (DB) plans face big challenges. These challenges usually happen when business (like life) doesn’t quite go as planned.

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