Corporate pensions

Largest corporate DB plans see no gains in funding

Largest corporate DB plans see no gains in funding

In a year when the nation's largest corporate defined benefit plans saw a 5.7% aggregate decrease in liabilities, funding levels barely budged. The culprit: a combination of low returns that hovered...

April 18, 2016
Corporate pension funding report card

Corporate pension funding report card

Assets down, and contributions plummet for the 100 largest corporate pension funds in 2015.

April 18, 2016 | 12:01 am
CIEBA executive director resigning

CIEBA executive director resigning

Deborah Forbes announced her resignation as executive director of the Committee on Investment of Employee Benefit Assets on Monday.

April 18, 2016 | 02:55 pm

Corporate pension plan funded status 2016

The largest corporate pension plans ranked by funding ratio -- plan assets as a percentage of benefit obligation — as of Dec. 31, 2015, unless otherwise noted.

April 18, 2016 | 02:26 pm

Charting corporate funding status through the years

See a series of graphs and charts showing the funded status of the top 100 corporate pension funds.

April 18, 2016 | 12:01 am
BP sued over alleged misleading statements on changes to retirement plan

BP sued over alleged misleading statements on changes to retirement plan

A current and a retired BP employee have filed a lawsuit against the energy company, charging it with misleading employees over earlier changes to its retirement program.

April 14, 2016 | 03:56 pm
Tesco pension fund deficit falls 33% in year

Tesco pension fund deficit falls 33% in year

Tesco PLC saw its pension fund deficit fall 33% to £2.6 billion ($3.6 billion) over the year ended Feb. 27, due in part to a recalculation of the deficit following a move to freeze its U.K....

April 13, 2016 | 12:10 pm

Wilshire: S&P 500 company pension fund liabilities fall in 2015, but so do funding levels

The aggregate funded status for defined benefit plans sponsored by S&P 500 companies fell 60 basis points to 81.4% in 2015, as declining asset values outpaced declining liabilities, said Wilshire...

April 12, 2016 | 04:21 pm

U.K. pension funding deficit falls 6.4% in March

The total deficit of U.K. defined benefit funds fell 6.4% in March to £302.1 billion ($434.8 billion), as liabilities decreased and assets rose, showed data from the Pension Protection Fund...

April 12, 2016 | 02:49 pm
Corporate funding ratios climb in March despite drop in discount rate — 2 reports

Corporate funding ratios climb in March despite drop in discount rate — 2 reports

The aggregate funding ratio for U.S. corporate defined benefit plans improved in March on the back of rising equity markets, said reports from Mercer and Wilshire Consulting.

April 08, 2016 | 01:49 pm

NISA: Funded status volatility drops 40 basis points in March

NISA Investment Advisors' Pension Surplus Risk index fell 40 basis points to 8.7% in March, driven by a decrease in return-seeking asset volatility.

April 08, 2016 | 10:31 am
Milliman: Largest corporate pension funds see little change in 2015

Milliman: Largest corporate pension funds see little change in 2015

The aggregate funded status of the 100 largest U.S. corporate defined benefit plans was 81.8% at the end of 2015, a 10-basis-point increase from the end of 2014.

April 07, 2016 | 10:59 am
Chevron taps new treasurer

Chevron taps new treasurer

Randolph S. Richards was named corporate vice president and treasurer at Chevron Corp., effective May 1.

April 05, 2016 | 12:49 pm

U.S. corporate pension funding levels plummet in first quarter — 2 reports

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
Northern exposure

Northern exposure

Canadian corporate DB plans continue to be well funded with fixed-income-heavy portfolios.

April 04, 2016 | 12:01 am