FedEx Corp. said it expects to contribute $580 million to its U.S. pension plans in 2015.
July 14, 2014 | 05:33 pm
Rock-Tenn Co. announced it has extended a lump-sum offer to former employees who are vested but have yet to receive benefits in three of its defined benefit pension plans.
July 11, 2014 | 02:17 pm
The Senate Finance Committee called for pension funding stabilization, or smoothing, as part of a funding package for the Highway Trust Fund approved Thursday.
July 10, 2014 | 03:54 pm
The funded status of the 100 largest U.S. corporate pension plans increased in June because of slightly rising interest rates
July 10, 2014 | 03:39 pm
The House Ways and Means Committee late Tuesday proposed pension smoothing as part of a funding package for the Highway Trust Fund, which is projected to run out of money within weeks.
July 09, 2014 | 02:23 pm
Pension Benefit Guaranty Corp. declared a six-month moratorium Tuesday on a program that required employers to guarantee more pension assets in the event of major operational changes.
July 08, 2014 | 03:45 pm
The aggregate deficit of U.K. defined benefit occupational pension funds in the Pension Protection Fund's 7800 index decreased 8% in June to £109 billion ($186.6 billion).
July 08, 2014 | 01:27 pm
The funded status of S&P 1500 companies with defined benefit pension plans rose one percentage point to 85% in June, said a monthly report from Mercer.
July 07, 2014 | 03:50 pm
BT Pension Scheme, London, has entered into the largest longevity risk transfer deal, covering £16 billion ($27.4 billion) of liabilities in an arrangement that also saw the fund set up a...
July 04, 2014 | 07:49 am
The funded status of a typical U.S. corporate defined benefit pension plan remained relatively unchanged at slightly less than 90% in the second quarter, said Legal & General Investment Management...
July 02, 2014 | 03:54 pm
More than two-thirds of U.K. corporate and public pension funds and their consultants surveyed on fiduciary management have implemented a partial or full fiduciary management arrangement, or are...
July 02, 2014 | 01:59 pm
The total deficit of U.K. corporate defined benefit pension funds increased 67% for the year ended June 30, despite a rise in total assets.
July 01, 2014 | 11:44 am
Lockheed Martin Corp., Bethesda, Md., will freeze its defined benefit pension plan in early 2016 and start shifting active salaried workers to an enhanced defined contribution program, the company...
July 01, 2014 | 03:56 pm
Canadian defined benefit pension plans administered by Aon Hewitt had a median funded status of 96% as of June 26, up 0.6 percentage points from March 31 and up 19 percentage points from the end of...
June 30, 2014 | 02:58 pm
Aon PLC said it plans to contribute $385 million to its worldwide pension funds in 2014, down significantly from $523 million in 2013 and $638 million the year before that.