Randolph S. Richards was named corporate vice president and treasurer at Chevron Corp., effective May 1.
April 05, 2016 | 12:49 pm
The funded status of a typical U.S. corporate defined benefit plan fell in the first quarter as liabilities grew faster than assets, said recent reports from Legal & General Investment Management...
April 04, 2016 | 03:17 pm
Canadian corporate DB plans continue to be well funded with fixed-income-heavy portfolios.
April 04, 2016 | 12:01 am
International Paper Co., Memphis, Tenn., is offering a lump-sum payment window to certain participants in one of its U.S. defined benefit plans, its recent 10-K filing states.
April 01, 2016 | 12:54 pm
The total deficit of corporate pension funds in the U.K. hit £273 billion ($393 billion) at March 31, up 30.6% over the month, said JLT Employee Benefits.
April 01, 2016 | 11:10 am
More large defined benefit plan sponsors might have to do Section 4010 reporting for the Pension Benefit Guaranty Corp. under a final rule issued Wednesday aimed at reducing some reporting burdens.
March 23, 2016 | 03:46 pm
Annuities transacted as a result of corporate defined benefit derisking transfers are as safe and could be safer than the pensions would be remaining in retirement plans under ERISA and PBGC...
March 21, 2016
Sears Holdings Corp., Hoffman Estates, Ill., plans to contribute $318 million to its U.S. pension fund in 2016 and about $416 million in 2017, said the company’s recently filed 10-K with the...
March 18, 2016 | 01:28 pm
The Pension Benefit Guaranty Corp. announced Thursday it will take over three defined benefit plans from the Great Atlantic & Pacific Tea Co., Montvale, N.J., and its affiliates.
March 17, 2016 | 03:58 pm
U.S. public and private defined benefit plan assets totaled $8.01 trillion at the end of 2015, up 4.57% from the third quarter but down 1.84% from the end of 2014, said the Federal Reserve's latest...
March 10, 2016 | 03:34 pm
Judith P. Greffin, executive vice president and chief investment officer at Allstate Corp., will retire at the end of March.
March 10, 2016 | 04:36 pm
General Motors Co. adopted proxy access, permitting shareholders to use corporate proxy materials to nominate directors to the company's board, said a filing by GM on Tuesday with the Securities and...
March 09, 2016 | 02:45 pm
The funded status of U.S. corporate defined benefit plans fell in February because of rising liabilities and declining asset values, said reports from Milliman and Aon Hewitt.
March 08, 2016 | 01:57 pm
Falls in gilt and equity markets pushed the aggregate corporate U.K. defined benefit fund deficit to £322.8 billion ($459.1 billion) in February, a 5.9% increase over the month, showed the...
March 08, 2016 | 11:56 am
U.S. corporations tracked by Pensions & Investments so far in 2016 revealed plans to contribute a total of $15.6 billion to their pension funds, recently released 10-K filings with the Securities and ...