We are pioneers in the retirement plan industry, providing unparalleled benefits consulting to employers for 60 years. From evolving workforce needs and rising benefits costs, to today’s intricate and constantly changing regulatory environment, we develop solutions that go beyond mere numbers.
We also contribute financial planning, a complete grasp of federal and state regulations, and a facility for balancing cost and risk management with employee benefit considerations. Our solutions come with a relationship that brings an objective perspective focused on your needs.
Milliman's employee benefits practice is a member of Abelica Global, an international organization of consulting firms that serves clients around the world.
Our expert examines the data from plans that allow employees to choose defined benefit or defined contribution options. The article also compares the results for employees who choose their own investments with those who don't, and outlines options for structuring defined contribution plans.
Thisi article provides an overview of benefit restriction triggers and key dates, as well as the partial benefit restrictions imposed on accelerated forms of payment. The requirements for communicating underfunded status to participants are also reviewed.