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Private Pensions, Lump Sum Offers, & Sponsor De-Risking: Implications & Analysis
James G. Hughes (Ed.)
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Description for Private Pensions, Lump Sum Offers, & Sponsor De-Risking: Implications & Analysis
Hardback. Editor(s): Hughes, James G. Num Pages: 114 pages. BIC Classification: KFFP. Category: (P) Professional & Vocational. Dimension: 164 x 239 x 13. Weight in Grams: 350.
Little public data are available to assess the extent to which sponsors of defined benefit plans are offering participants immediate lump sums to replace their lifetime annuities, but certain laws and regulations provide incentives for use of this practice. Although the U.S. Department of Labor (DOL) has primary responsibility for overseeing pension sponsors' reporting requirements, it does not require sponsors to report such lump sum offers, making oversight difficult. Pension experts generally agree that there has been a recent increase in these types of offers. Since 2012, a number of large pension plan sponsors have given selected participants a limited-time ... Read more
Little public data are available to assess the extent to which sponsors of defined benefit plans are offering participants immediate lump sums to replace their lifetime annuities, but certain laws and regulations provide incentives for use of this practice. Although the U.S. Department of Labor (DOL) has primary responsibility for overseeing pension sponsors' reporting requirements, it does not require sponsors to report such lump sum offers, making oversight difficult. Pension experts generally agree that there has been a recent increase in these types of offers. Since 2012, a number of large pension plan sponsors have given selected participants a limited-time ... Read more
Product Details
Format
Hardback
Publication date
2015
Publisher
Nova Science Publishers Inc
Condition
New
Number of Pages
114
Place of Publication
New York, United States
ISBN
9781634832632
SKU
V9781634832632
Shipping Time
Usually ships in 5 to 9 working days
Ref
99-2
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