The funded status of the largest U.S. corporate pension plans increased in February as rising assets outpaced liabilities, two reports show.
March 03, 2017 | 12:22 pm
Willis Towers Watson says in a regulatory filing it plans to contribute $123 million total to its qualified global pension plans in 2017.
March 02, 2017 | 01:33 pm
WEC Energy Group contributed $100 million to its defined benefit plans in January and plans to contribute an additional $13 million for the remainder of the year.
March 02, 2017 | 12:57 pm
Sempra Energy, San Diego, plans to contribute a total of $180 million to its pension plans in 2017.
March 01, 2017 | 02:57 pm
The funded status of 19 U.S. publicly listed corporations with more than $21 billion in pension fund liabilities was an aggregate 79.06% at the end of 2016, down slightly from 79.93% at the start of...
March 01, 2017 | 04:18 pm
International Business Machines Corp., Armonk, N.Y., plans to contribute about $500 million to its non-U.S. pension plans in 2017.
March 01, 2017 | 02:51 pm
MetLife Inc., New York, will make a $225 million discretionary contribution this year to its qualified U.S. pension plans, according to a 10-K filed Wednesday with the Securities and Exchange...
March 01, 2017 | 02:37 pm
U.S. corporate pension plan buyouts reached $13.7 billion in 2016, the second-highest annual activity yet recorded, a LIMRA Secure Retirement Institute sales survey found.
March 01, 2017 | 01:05 pm
Merck & Co. Inc., Kenilworth, N.J., will contribute $50 million to its U.S. pension plans in 2017, $160 million to its international pension plans and $25 million for other postretirement plans.
March 01, 2017 | 12:53 pm
The total deficit of U.K. corporate defined benefit funds increased 2.7% in February to £270 billion ($335.6 billion), and grew 147.7% for the year ended Feb. 28, said JLT Employee Benefits.
March 01, 2017 | 06:50 am
The Pensions Regulator has reached a £363 million ($450 million) cash settlement with the former owner of retailer BHS, an arrangement that will provide funding for a new independent pension...
February 28, 2017 | 01:03 pm
Xerox Corp., Norwalk, Conn., expects to contribute $350 million to its defined benefit plans in 2017 — $169 million to its U.S. plans and $181 million to its non-U.S. plans.
February 28, 2017 | 12:51 pm
Cancer Research U.K. Pension Scheme, London, completed a £250 million ($310 million) buy-in with Canada Life, covering all retirees in the plan.
February 28, 2017 | 10:42 am
Almost 100% of new employees joining FTSE 350 companies are enrolled into a defined contribution plan, said Willis Towers Watson.
February 27, 2017 | 02:34 pm
Pinnacle West Capital Corp., Phoenix, plans to make voluntary contributions to its U.S. pension plan totaling $300 million during the three years through 2019.