The U.S. government urged General Motors Co. to improve pensions of some Delphi Automotive union retirees while cutting those of salaried workers to help ensure a speedy emergence from a GM...
August 16, 2013 | 10:57 am
Participants in the Detroit bankruptcy are engaged in the legal and metaphysical question of whether a state constitutional provision can mandate that, unlike other contracts, unfunded pension...
August 15, 2013 | 09:36 am
Sun Capital Partners gained support in its legal battle over potential pension liabilities from the Private Equity Growth Capital Council, which filed an amicus brief on Wednesday.
August 15, 2013 | 02:13 pm
Two-thirds of respondents to a P&I Online poll believe that rising interest rates will lead to lower pension contributions from corporate plan sponsors.
August 12, 2013 | 02:42 pm
Unum Group, Chattanooga, Tenn., contributed $50 million to its U.S. defined benefit pension plan in the second quarter as part of the company's efforts to freeze the plan at the end of 2013.
August 06, 2013 | 02:45 pm
Investment earnings for state-run defined benefit pension systems were $91.8 billion in 2012, the third straight year in the black. However, total cash and investment assets in 2012 were $2.52...
August 02, 2013 | 02:46 pm
Lockheed Martin Corp., Bethesda, Md., has contributed $1.5 billion to its defined benefit pension plans so far this year.
July 31, 2013 | 03:35 pm
Boeing Co. expects to make $1.5 billion in discretionary contributions to its defined benefit pension plans in the third quarter.
July 24, 2013 | 03:01 pm
Caterpillar Inc. expects to contribute $480 million to its defined benefit plans this year, including $300 million contributed in the quarter ended June 30, the company announced.
July 24, 2013 | 01:26 pm
Corporate pension plans with liability-driven investing strategies have finally begun to see the light at the end of the tunnel: soaring funding ratios.
July 22, 2013
Federal pension overseers, joining forces to stop what they say is widespread fiduciary misconduct by Revstone Industries LLC Chairman George Hofmeister, are winning some crucial victories. But they...
July 22, 2013
Detroit emergency manager Kevyn Orr ordered an investigation into employee benefit programs, including the insurance and pension systems.
June 20, 2013 | 01:08 pm
CalPERS staffers are recommending that the pension fund lower its expected future rate of return for its fixed-income and inflation-linked asset classes, setting the stage for a wider debate over...
June 12, 2013 | 04:33 pm
CalPERS is trying to ban a law firm from representing a creditor in the bankruptcy of the city of San Bernardino.
May 20, 2013 | 01:37 pm
Delta Air Lines Inc., Atlanta, plans to contribute an additional $1 billion to its defined benefit pension plans over the next five years, according to an 8-K filing with the Securities and Exchange...