Pension contributions

New mortality improvement scale suggests slower rate, dip in life expectancy

New mortality improvement scale suggests slower rate, dip in life expectancy

An updated mortality improvement scale released Thursday by the Society of Actuaries suggests a slower average rate of improvement that could translate into a slight decrease in pension plan...

October 20, 2016 | 03:07 pm
Verizon ups 2016 pension contribution to $750 million

Verizon ups 2016 pension contribution to $750 million

Verizon Communications Inc. contributed $750 million to its pension plans in the third quarter.

October 20, 2016 | 03:19 pm

Illinois bond documents warn of delay in pension fund contributions

Illinois' October pension fund contribution will go out as scheduled, although delays in future months are possible.

October 13, 2016 | 02:56 pm
PBGC, Alcoa agree on extra pension fund contributions

PBGC, Alcoa agree on extra pension fund contributions

Alcoa Inc. will contribute an additional $150 million total to its two largest pension funds, under an agreement with the Pension Benefit Guaranty Corp. announced Tuesday.

October 11, 2016 | 02:50 pm
Chicago mayor budgets 21% increase for pension contributions this fiscal year

Chicago mayor budgets 21% increase for pension contributions this fiscal year

Chicago's pension contributions to its four funds could reach $1.03 billion in fiscal year 2017 under Chicago Mayor Rahm Emanuel's budget proposal released Tuesday.

October 11, 2016 | 05:47 pm