he funded status of U.S. corporate defined benefit plans was relatively unchanged in October, said monthly reports from BNY Mellon, Wilshire Consulting and Mercer.
November 05, 2014 | 03:51 pm
CNA Financial Corp. offered lump sums to about 11,000 former employees vested in its defined benefit plan.
November 03, 2014 | 03:46 pm
The insolvency rate of sponsoring employers with defined benefit plans that are eligible for inclusion in the U.K. Pension Protection Fund fell sharply over the nine months ended March 31.
October 30, 2014 | 03:42 pm
Corporate defined benefit plans edged out public pension plans and endowments and foundations in a quarter that saw weak performance overall, Northern Trust data shows.
October 30, 2014 | 03:21 pm
InvestorForce Plan Universes funds posted a median net return of -1.14% in the quarter ended Sept. 30. The median return gross of fees in the quarter was -1.03%.
October 30, 2014 | 02:20 pm
Boeing Co., Chicago, is offering an option of a lump-sum payout or an annuity to 40,000 former employees who have not yet retired, the first time the company has offered such choices from its...
October 28, 2014 | 02:59 pm
Hartford Financial Services Group Inc. offered lump sums to about 13,500 terminated vested participants in its frozen defined benefit plan.
October 28, 2014 | 02:56 pm
Monarch Airlines Retirement Benefits Plan Ltd. is expected to enter an assessment for entry into the Pension Protection Fund within a matter of weeks.
October 27, 2014 | 02:15 pm
Reflecting back on ERISA's first 40 years, the people who've administered it say there were some hits and some misses.
October 27, 2014
RM PLC, Abingdon, England, agreed to a buy-in with Pension Insurance Corp. to insure 13% of the liabilities of the company's defined benefit plan.
October 23, 2014 | 02:21 pm
Ryder System Inc. is offering a lump-sum payment to about 11,000 former employees vested in its frozen U.S. defined benefit plan, the company announced in an SEC filing on Wednesday.
October 22, 2014 | 03:28 pm
Boeing Co. contributed $750 million to its defined benefit plans in the quarter ended Sept. 30, the company said Wednesday in a Securities and Exchange Commission filing.
October 22, 2014 | 03:17 pm
BT Group PLC, the U.K.'s former phone monopoly, and its pension fund lost their bid to overturn a European Union order forcing the repayment of as much as £16.6 million ($26.6 million) in...
October 22, 2014 | 11:16 am
Lockheed Martin Corp. announced Tuesday it has contributed $1 billion in contributions to its defined benefit plans thus far in 2014 out of an expected $2 billion and does not expect to make further...
October 21, 2014 | 02:27 pm
Uniac Pension Fund agreed to a buy-in with Legal & General Group to insure £129 million ($208.5 million) of liabilities.