Topic
Defined Benefit Pension Plans
121 published works
Blog - Sackers
Sackers comments on Defined Benefit pension scheme surplus payments to members consultation
By Lewis Moore
As part of its Autumn Budget 2025, the Government confirmed that tax legislation would be amended to treat surplus payments from ongoing DB schemes to members (or to a dependant after…
Blog - Sackers
Sackers responds to HMRC Surplus Consultation
By Lewis Moore
Janet Brown, partner, comments: “Hot on the heels of the DWP’s consultation on new regulations for releasing surplus from ongoing DB schemes (issued 10 June), HMRC has joined the summer…
Your ERISA Watch
Sixth Circuit Rules That Pension Calculations Must Be Reasonable
Reichert v. Kellogg Co., No. 24-1442, __ F.4th __, 2026 WL 734673 (6th Cir. Mar. 16, 2026) (Before Circuit Judges Stranch, Bush, and Nalbandian) This week’s notable decision is a…
Blog - Sackers
Pensions reform: the role of superfunds in enhancing DB endgame options
By Lewis Moore
The Pension Schemes Bill 2025 marks a significant shift in the DB endgame landscape, introducing a statutory regime for DB superfunds and bringing greater clarity, governance and flexibility for trustees…
Restructuring Globalview
The UK’s Pensions Regulator takes enforcement action against ITV
In a first, the Pensions Regulator (TPR) has exercised its anti-avoidance powers under section 47 of the Pensions Act 2004 (PA04). While it has issued contribution notices (CN) under section…
Pennsylvania Divorce and Domestic Relations Blog
Defined Benefit Pensions: Sharks in the Water
By Mark Ashton
It has been nearly a decade since we noted that defined benefit pensions in Pennsylvania were in troubling waters. The Defined Benefit Pension Crisis Is Here And Very Real |…
Global Workplace Insider
UK Pensions | Government surplus plans revealed
On 29 May 2025, the Government published the outcome of its February 2024 consultation on options for DB schemes. In a previous blog, we examined some of the key regulatory…
Compensation & Benefits Blog
SECURE 2.0’s Required Changes to Annual Funding Notices Become Effective in 2025
SECURE 2.0 introduced many changes for retirement plans, including updated disclosure requirements for a defined benefit plan’s annual funding notice (AFN). These updated AFN disclosure requirements apply for all plan…
Global Workplace Insider
What does “reasonable certainty” mean when assessing the covenant for DB pension schemes?
The expression “reasonable certainty” is used in the Pensions Act 2004 and the Recovery Plan section of the DB funding code – it is also used more than 50 times…
Compensation & Benefits Blog
PBGC Technical Update on Accelerated Premium Filing Due Dates for 2025
As described in further detail below, absent Congressional action, plan sponsors should take note that PBGC premium filings will generally be due one month earlier than usual for plan years…