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Wall Street Journal, June 19, 2012Employee Benefits
Market conditions have made lump-sum payouts too costly for most companies, according to Milliman principal John Ehrhardt.
USA Today, April 24, 2013Employee Benefits
Millennials are tech savvy, tightfisted savers
Retirement is not top of mind among Gen Y, says Jinnie Regli, a Millennial who is a client service administrator at Milliman.
CNBC, July 11, 2012Employee Benefits
America beware: pensions plunging
USA Today, July 11, 2012Employee Benefits
GM, Ford hope lump-sum pensions ease obligations
A pension plan needs to be more than fully funded to terminate and offer lump sums, notes Milliman consulting actuary Zorast Wadia, so it’s unlikely to become a trend.
Pensions & Investments, Oct. 4, 2012Employee Benefits
Reports paint improving corporate funding picture in September
The funded status of the 100 largest corporate DB plans studied by Milliman was 74.5% at the end of September, up from 72.4% in August.
Time, Oct. 19, 2012Employee Benefits
Can we handle the truth? Public pensions are short on cash
In a recent report, Milliman found that public pensions have 67.8% of the funds they need to meet future obligations.
The Wall Street Journal, Sept. 17, 2012Employee Benefits
Sears, New York Times take pension action after IRS guidance
Sears Holdings and the New York Times Company separately announced plans to offer lump-sum pension settlements to former employees. This report (subscription to CFO Journal required) quotes Milliman principal and consulting actuary John Ehrhardt.
Fox Business, Jan. 4, 2013Employee Benefits
John Ehrhardt, Milliman principal and consulting actuary, on the record number of pensions being underfunded.
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