CREATING A PENSIONEXIT™ ROADMAP

We specialize in clearly outlining the steps we take at each phase along with their impact. We work with you to help you understand the financial ramifications of each step and the balance of plan liability and assets.

2019 PBGC PREMIUM UPDATE

PBGC premiums continue to skyrocket out of control.

In 2019, plan sponsors will face another 8.1% increase in the flat rate, per participant portion of the premium, along with a 4.0% increase in the maximum per participant premium of $621. For a pension plan with 1,000 participants, up to $621,000 per year could now be diverted to the federal government rather than being used to pay benefits and improve the funded status of the plan.

Source: Dietrich Annuity

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