Pension contributions

New settlement proposed in Rhode Island pension overhaul lawsuit

A new proposed settlement to end litigation against Rhode Island’s state pension overhaul was revealed in court on Thursday.

April 03, 2015 | 03:37 pm
Kansas General Assembly passes bill for $1 billion pension bond issuance

Kansas General Assembly passes bill for $1 billion pension bond issuance

The Kansas General Assembly passed a bill to issue $1 billion in pension obligation bonds for the $16 billion Kansas Public Employees Retirement System.

April 03, 2015 | 01:08 pm
Kansas House approves $1.5 billion in pension obligation bonds

Kansas House approves $1.5 billion in pension obligation bonds

The Kansas House of Representatives voted Wednesday to issue $1.5 billion in pension obligation bonds for the Kansas Public Employees Retirement System, Topeka.

March 26, 2015 | 01:35 pm
S&P: Public pension funds dictating state budgets, policy and credit ratings

S&P: Public pension funds dictating state budgets, policy and credit ratings

Public pension funds will continue to shape public policy, budgets and potentially credit quality for states, said a report from Standard & Poor's.

March 24, 2015 | 04:00 pm
Moody's: Public fund contributions not enough to stem liability growth

Moody's: Public fund contributions not enough to stem liability growth

New GASB standards reveal “contribution weaknesses” in public pension funding, but their impact on credit ratings is minimal, said a report from Moody's Investors Service.

March 17, 2015 | 03:27 pm

U.K. companies increasing pension fund amortization periods

Companies are increasingly lengthening their pension fund amortization periods by three years or more in an effort to relieve pressure on repairing funding gaps, new research shows.

March 16, 2015 | 01:22 pm

NASRA study finds most states funding their pension plans

Most governments made good-faith efforts to fund their pension plans, and only a few “severely neglected” their funding responsibilities, said a new study released Wednesday by the...

March 11, 2015 | 03:00 pm

Corporate contributions top $17 billion to start 2015

Fifty-one companies so far have announced they will contribute a combined $17.35 billion to their pension funds in 2015.

March 09, 2015
Houston Firefighters reach deal with city that avoids lawsuits, new pension fund

Houston Firefighters reach deal with city that avoids lawsuits, new pension fund

The city of Houston will save more than $70 million in pension payments over the next three years and halt lawsuits and proposed pension changes aimed at city firefighters under an agreement signed...

March 06, 2015 | 06:51 pm

Wilshire: State pension plans’ funding ratios rise 6 percentage points in fiscal year 2014

The funding ratio of 131 state defined benefit plans rose 6 percentage points to 80% in fiscal year 2014, said a report from Wilshire Consulting.

March 03, 2015 | 04:19 pm
BP charts $4.72 billion in contributions to U.K. pension funds through 2021

BP charts $4.72 billion in contributions to U.K. pension funds through 2021

BP PLC expects to contribute a total of $4.72 billion to its U.K. defined benefit plans through 2021, said its annual report released Tuesday.

March 03, 2015 | 04:09 pm

Kansas Senate passes bill to issue $1 billion in pension obligation bonds

The Kansas Senate passed a bill to issue $1 billion in pension obligation bonds to improve the funding of the Kansas Public Employees Retirement System.

February 27, 2015 | 04:37 pm

Exelis to contribute up to $185 million to pension fund in 2015

Exelis Inc. expects to contribute between $175 million and $185 million to its $4.56 billion defined benefit plan in 2015, its latest 10-K filing shows.

February 27, 2015 | 04:25 pm
Exxon Mobil to contribute $560 million to non-U.S. pension funds

Exxon Mobil to contribute $560 million to non-U.S. pension funds

Exxon Mobil Corp. expects to contribute $560 million to its non-U.S. pension funds in 2015.

February 26, 2015 | 02:11 pm
Sears plans $275 million contribution to pension funds

Sears plans $275 million contribution to pension funds

Sears Holdings Corp. expects to contribute $275 million to its U.S. pension fund in 2015.

February 26, 2015 | 04:02 pm