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Washington is the latest state to run a retirement program that will provide coverage for private-sector employees whose employers do not.
On March 27, Pat Sullivan, Executive Director of Legislative Affairs in Inslee’s office, issued an announcement that SB 6069 was among the bills the Gov. Jay...
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March 2024 Episode Description:
With the aging population growing so rapidly and birth rates declining, many industries could face labor shortages. As many employers face a coming wave of baby-boomer retirements, the gaps in...
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Editor’s Note: This is Part I of a two-part series highlighting some trends involving private-sector pension plans in the early part of 2024.
The winter doldrums were anything but this year, at least as far as pension funds are concerned. At the very least, regarding funding, shedding liabilities...
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Another suit filed against flexPATH by the law firm of Schlichter Bogard, LLP has been dismissed—with prejudice—though it seems to have turned more on good outcomes than prudent processes.
This suit (Mills v. Molina Healthcare, Inc., C.D. Cal., No. 2:22-cv-01813, complaint 3/18/22) was filed by...
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The Georgia Senate may create a committee to study the creation of Peach State Saves, a retirement saving program.
Senate Finance Committee Chairman Sen. Chuck Hufstetler (R-Rome) on March 20 introduced in the state senate SR 807, a resolution that would create the Senate Peach State Saves...
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As the Department of Labor works in court to defend its rule allowing the use of environmental, social and governance (ESG) factors by fiduciaries when selecting plan investments, legislation to restrict the use of ESG has been reintroduced in Congress, albeit with modifications.
Rep. Greg...
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How was your March 15? How is your April 15 going? Are you looking forward to a break in deadlines as the weather gets nicer? My answers are wild, even wilder, and most definitely.
When we last left off, I wrote about the then-upcoming ASEA Actuarial Insights (virtual) Conference. I attended said...
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I’m grateful to have this opportunity to share a bit about the ASEA leadership in 2024 and our goals for the year.
The leadership consists of Angie Vadnais and David Kupstas as President and Executive Vice President, respectively. These folks should be household names within actuarial circles....
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Born out of the shared desire to mentor aspiring enrolled actuaries (EAs), ASEA launched the ASEA Academy earlier this month.
The ASEA Academy was the brainchild of ASEA members interested in mentoring actuarial students, supporting them in exam prep, and hopefully one day welcoming them to the...
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The New York State Bar Association (NYSBA) is advocating for passage of a law that would make it more likely that the pension of a public employee continues to pay out until the surviving spouse dies.
The association’s House of Delegates on Jan. 19 approved a recommendation from its Trusts and...
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