Pension contributions

Boeing contributes $750 million to pension funds in 3rd quarter

Boeing contributes $750 million to pension funds in 3rd quarter

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
Lockheed Martin to forgo pension contributions in 2015 through 2017

Lockheed Martin to forgo pension contributions in 2015 through 2017

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

JPMAM: Corporate pension funding falls in 3rd quarter

The average funded status of pension plans of Russell 3000 companies fell slightly to 86.9% at the end of the third quarter,down 150 basis points from the end of 2013, due to “ebbing...

October 14, 2014 | 04:13 pm

Trump Entertainment can't stop funding union pension plan, judge says

Trump Entertainment Resorts, the bankrupt Atlantic City, N.J., casino owner, was denied court approval to immediately stop contributing to a union pension fund, a blow to its restructuring effort...

October 03, 2014 | 03:39 pm
 Impact of Stockton decision uncertain

Impact of Stockton decision uncertain

It remains to be seen whether a judge’s statement Wednesday that bankrupt Stockton, Calif., can cancel its contracts with CalPERS will have an impact on retirees and weaken vested pension rights.

October 02, 2014 | 04:19 pm
Pension contribution changes part of Philadelphia's deal with union

Pension contribution changes part of Philadelphia's deal with union

Philadelphia reached a tentative seven-year contract agreement with the representatives from the city's largest municipal workers' union, AFSCME District Council 33, that will increase employee...

August 25, 2014 | 04:24 pm
Financial services companies have best pension funding ratio — report

Financial services companies have best pension funding ratio — report

Financial services companies have the best funded defined benefit plans compared to other business sectors, said a report from BNY Mellon's investment strategy and solutions group.

August 21, 2014 | 03:17 pm
Start putting together those Eddy Award entries

Start putting together those Eddy Award entries

Summer is almost over, so it's time to think about applying for the annual Eddy Awards sponsored by Pensions & Investments.

August 18, 2014

U.K. accounting changes could slash pensions on balance sheets

Proposed changes to pensions accounting standards could wipe more than £25 billion ($42 billion) from FTSE 350 company balance sheets

August 11, 2014 | 02:31 pm
Report: Scranton commuter tax to ease underfunding

Report: Scranton commuter tax to ease underfunding

A commuter tax enacted by Scranton, Pa., and earmarked for the city’s three retirement plans will raise a projected $5.1 million annually and “chip away” at the city’s $150.2...

August 08, 2014 | 03:17 pm

FTSE 100 companies decrease cash contributions to plans in 2013

FTSE 100 companies provided additional security to their pension funds via promises of non-cash contributions during 2013 at the expense of cash contributions, with 38 firms reporting this kind of...

August 06, 2014 | 03:58 pm
Ontario utility pension funds unstable, government report says

Ontario utility pension funds unstable, government report says

Ontario’s four government-run energy-sector pension plans with a combined C$15.8 billion (US$14.5 billion) in assets are unstable and don’t have strategies to handle future deficits if...

August 04, 2014 | 04:17 pm
Church-plan status under increased scrutiny

Church-plan status under increased scrutiny

A growing number of lawsuits and some key court rulings are making it harder for church-affiliated defined benefit plans to be exempt from the Employee Retirement Income Security Act.

August 04, 2014
Senate passes House version of highway bill

Senate passes House version of highway bill

The U.S. Senate approved on Thursday the House version of a highway funding bill that includes more generous pension funding calculations.

August 01, 2014 | 12:06 pm
 American Airlines to contribute additional $600 million to pension plans

American Airlines to contribute additional $600 million to pension plans

American Airlines Group Inc. expects to contribute an additional $600 million to its defined benefit plans in 2014, said the company's second-quarter earnings report filed Thursday.

July 24, 2014 | 04:08 pm