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COMPLIANCE

PBGC proposes new interest rate assumptions for withdrawal liability

Protect your health and welfare funds from catastrophic claims.

Because the union takes on the financial risk associated with the insurance benefits, its solvency is...

If you believe that your wealth and opportunities are limited, and fear you’ll never have enough, your mindset could be directly impacting your money and your life....

https://www.ullico.com/investment-in-contracted-power-generation-and-storage-portfolio/

Washington, D.C. (Sept. 8, 2022) — AM Best, the world’s oldest insurance rating and information source, has revised The Union Labor Life Insurance Company’s outlooks from “stable” to “positive.” It has also affirmed the company’s Financial Strength Rating A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent). Union Labor Life is a subsidiary of Ullico Inc.

BeneSys is pleased to announce the relaunch of our benefit administration software solution, BenefitDriven, directly to the Taft-Hartley community. BeneSys entered the software industry in 1979 and continues to maintain our software systems in-house to this day. Our BenefitDriven solution will be available to both self-administered groups and third-party administrators.

https://www.ullico.com/new-terminal-one-alternative-dispute-resolution-program/

It’s hoped that the council’s efforts will result in additional guidance for plan sponsors and other stakeholders.

The first thing to know is that having your loan application denied doesn’t define you as a person. Lenders must set minimum qualifications for all loan approvals....

Benesys is on track to meet the Department of Labor cybersecurity guidance for ERISA plan sponsors and fiduciaries by the end of 2023. The guidance, issued in April 2021, comprises a number of best practices. Here's how we’re doing on four of them: