The spread of COVID-19 has affected workers’ health, business operations and financial markets. Single employer pension plans will have to manage work force availability, business interruption, and investment uncertainty after significant market value decreases. The impact on individual plans will …Continued
Late Wednesday, March 25, 2020—after days of debate—the Senate approved a $2 trillion economic rescue package designed to provide financial assistance to Americans and their families, and billions of dollars in loans for businesses. Voting in the House of Representatives is expected Friday. The pac…Continued
The CORONAVIRUS (COVID-19) pandemic has been evolving quickly and new circumstances and information are unfolding each day. As always, Bolton is committed to serving our clients and keeping you informed of the ever-changing actions necessary to prepare your business for COVID-19 related benefit nee…Continued
Earlier this week, Bolton Investment released a March 2020 Alert focused on the implications of COVID-19 on portfolios. This Alert from Bolton Retirement discusses the impact of COVID-19 on pension and OPEB accounting liabilities.Companies and associations who sponsor pension and OPEB plans disclos…Continued
Like all of you, we are watching the progress of COVID-19 and considering its implications. While we have no knowledge of the disease itself, we have a few thoughts on the financial effects:It’s Real - What began as a local problem has spread quickly; each day it appears more likely that US communi…Continued
Bolton’s Chief Actuary, Ellen Kleinstuber, FSA, EA, FCA, MAAA, FSPA is joined by retirement experts, Jim Ritchie, ASA, EA, FCA, MAAA and Alton Fryer, AIF, with Bolton COO, James Downing, serving as moderator. Continued
