Defined benefit plans guarantee a fixed payout, usually based on salary and years of service. Employers bear the investment risks and are responsible for funding these plans. Defined benefit plans ...

Defined benefit plans are plans that provide a guaranteed payout in retirement. The most common type of defined benefit plan is a pension, but these are becoming less common because they're more ...

Is the classic retirement model dead? This model relies on what’s often referred to as the “three-legged stool,” which is ...

Defined benefit (DB) pension funds were in better shape at the end of 2024 than they have been since the dot-com bubble days ...

Workers may lose track of their retirement plans after they change jobs or after a prior employer merges with another company or goes out of business.

About 80 percent of the 29,000 private-sector defined-benefit plans insured by the federal Pension Benefit Guaranty Corp. have been underfunded by $740 billion. State and local public employee ...

Social Security is an earned benefit. You become eligible by paying the payroll tax during your working years, and the amount ...

Anne Henderson was selected as the Pension Benefit Guaranty Corporation’s participant and plan sponsor advocate by its board of directors, the agency announced Tuesday.

TORONTO, Jan. 2, 2025 /CNW/ -- Aon plc (NYSE: AON), a leading global professional services firm, announced today that the aggregate funded ratio for Canadian pension plans in the S&P/TSX Composite ...