The SECURE Act did affect defined benefit plans: A summary of possible actions for DB plan sponsors

This article confirms that certain defined benefit (DB) pension plan changes included in the Setting Every Community Up for Retirement Enhancement (SECURE) Act may lead to technical and administrative concerns for DB plan sponsors, who should be prepared to address them after careful inspection of the new law. For plan sponsors, there are actions they must take (mandatory changes from SECURE) and others they may take (voluntary options under SECURE). Routine and/or complex changes to human resources administration systems and DB calculation engines may be called for.