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Can IBM's retirement benefit account revive the traditional DB pension plan?

After closing its defined benefit pension plan nearly two decades ago and replacing it with a less riskier defined contribution plan, International Business Machines Corp. is launching a new retirement benefit account that allows its U.S. employees to have the best of both worlds. Last week, the company ceased its 401(k) matching and one per […] ....

Joe Nunes , Actuarial Solutions Inc , Actuarial Solutions , Income Tax Act ,

Does the pension industry have a language problem?

Defined benefit. Defined contribution. Target benefit. Shared risk. Collective. Multi-employer. Pooled. Canada’s pension and retirement landscape is littered with lingo that can often be confusing for the people who participate in these plans and count on them for their retirement income. As pension plans evolve and the terms describing them expand, does the industry have […] ....

United Kingdom , Bita Jenab , Derek Dobson , Adam Rennison , Malcolm Hamilton , Doug Chandler , Joe Nunes , Jesusa Chow , Canadian Institute Of Actuaries , Cd Howe Institute , Society Of Actuaries Research Institute , Actuarial Solutions Inc , Works Services Inc , Society Of Actuaries , Actuarial Consultants Ltd , Osler Hoskin Harcourt , Public Service Pension Plan , Actuarial Solutions , Consultants Ltd , Statistics Canada , Actuaries Research Institute , Applied Arts , Retirement Works Services Inc , Canadian Institute , New Brunswick , Are New Brunswick ,

Editorial: Can the industry move beyond the complexity of pensions?

What’s in a name? A pension by any other name would smell as sweet or would it? I started writing this month’s Pension Feature as an exercise to sift through some of the terms used by the pension industry to describe the different types of plans, but also to answer the question: Does the […] ....

Doug Chandler , Seth Stephens Davidowitz , Joe Nunes , Nortel Networks Corp , Society Of Actuaries Research Institute , Osler Hoskin Harcourt , Actuarial Solutions Inc , Benefits Canada , Contribution Plan Summit , Home Buyer Plan , Actuarial Solutions , Actuaries Research , Nortel Networks ,