GBU Financial Life (GBU Life) has introduced the Defined Benefit Annuity Retirement Security Solution, a groundbreaking approach to retirement planning. Developed in partnership with Wealth2k, Inc., ...

Developed in partnership with Wealth2k, Inc., this solution integrates a fixed index annuity with advanced planning software.

Under UPS, subscribers will contribute 10% of their basic pay and dearness allowance on a monthly basis. NPS stands as a ...

The government's plan to permit the extraction of surplus assets marks a pivotal moment for DB pensions but needs careful handling, writes Alex Beecraft of the Society of Pension Professionals.

Millions of defined benefit pension scheme members could be put at risk by new government proposals. The plans would let companies tap into surplus pension funds, with withdrawals subject to a 25% tax ...

In a bid to streamline the resolution of pension-related complaints, the Public Complaints Commission has pledged its support ...

On April 3, 2025, the Department of Labor (DOL) issued Field Assistance Bulletin No. 2025-02 to assist defined benefit pension plan ...

If death occurs before reaching state pension age, a surviving spouse or civil partner who hasn't yet reached pension age may ...

In Field Assistance Bulletin 2025-02, the regulator addressed confusion resulting from ERISA-related questions that arose ...

News-Miner opinion: As Alaska lawmakers debate bringing back a defined benefits pension system for public employees, we must ...

While some older companies still provide their employees with pensions for retirement, most have switched to 401(k)s. One ...

While new retirement benefits for new public employees have been signed into law, new funding for the state retirement system died on Saturday.