Reports Highlight Serious Concerns with Multiemployer Pension Plan Funding
The funded status of the US multiemployer pension plan (MEPP) system continues to be an area of concern. Read more and find out how BPAS can help you.
Sep 08, 2015
The funded status of the US multiemployer pension plan (MEPP) system continues to be an area of concern. There are roughly 1,200 plans in the system covering 10 million participants and...
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IRS Issues Mortality Tables Effective 2016
This notice provides the updated mortality tables for defined benefit plans for 2016.
Aug 07, 2015
At the end of July 2015, the Internal Revenue Service issued Notice 2015-53. This notice provides the updated mortality tables for defined benefit plans for 2016. The tables issued will be...
Read moreIRS Release Prohibits Defined Benefit Lump-Sum Annuity Buy Outs
This notice prohibits a sponsor of a defined benefit (DB) pension plan from offering a lump sum to a retired participant. Read more.
Jul 20, 2015
On July 9, 2015, the IRS issued Notice 2015-49, “Use of Lump Sum Payments to Replace Lifetime Income Being Received by Retirees Under Defined Benefit Pension Plans.” This notice prohibits a...
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Multiemployer Pension Reform Includes Sweeping Changes
On December 16, 2014, the President signed into law a bill which included significant provisions for Multiemployer Pension Plans. Learn more about it.
Dec 17, 2014
On December 16, 2014, the President signed into law a bill which included significant provisions for Multiemployer Pension Plans. The applicable section of the bill is referred to as the Multiemployer...
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