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 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
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 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
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
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 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
Summer is almost over, so it's time to think about applying for the annual Eddy Awards sponsored by Pensions & Investments.
August 18, 2014
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
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 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’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
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
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 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.