◀ The Principal Blog

Posts tagged ‘DB’

Time for a Defined Benefit Revolution!



There is little doubt that 2016 will go down in history as a year of revolutionary change. Within the past twelve months: Voter dissatisfaction with business as usual surprisingly trumped all other issues in the US presidential election. UK voters opted to Brexit from the European Union (which very…

Read more

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…

Read more

Recent