Insight
Pulse Survey: Mental health benefits
Survey: Since the pandemic began, 66% of employers report increased use of mental health resources offered through their benefits plan, and 62% indicate a significant spike in claim costs
Due to the coronavirus outbreak, the recent economic downturn has had a significant impact for many participants’ retirement accounts. The downturn in the stock market has left defined contribution (DC) plans that only value participant accounts on a daily basis in a predicament based on how and when they pay distributions to their participants. This article provides an overview of the distribution process and why now may be a good time for trustees to consider moving the DC plans to a daily valued environment.
Insight
Survey: Since the pandemic began, 66% of employers report increased use of mental health resources offered through their benefits plan, and 62% indicate a significant spike in claim costs
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Multiemployer Review: Balance forward defined contribution plan challenges in turbulent times
This article provides an overview of the distribution process and why now may be a good time for trustees to consider moving the defined contribution plans to a daily valued environment.