A new look at premium rates for private-sector pensions was the topic of a recent report and webinar by the National Institute on Retirement Security (NIRS). The group is calling for a reduction in premium rates as part of a broader effort to expand access to defined benefit (DB) plans such as a pension.

The NIRS report was prompted by recent developments in Congress—specifically, a request for information issued by the U.S. Senate Health, Education, Labor, and Pensions (HELP) Committee. "Congress has expressed an interest in learning what the federal government can do to make it easier for private sector employers, who wish to do so, to offer pension plans," the report said. The report is an effort to provide clarity around any upcoming policy actions on private pensions.

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