Pension contributions

Michigan governor proposes lower assumed rate of return, eyes pension reform

Michigan governor proposes lower assumed rate of return, eyes pension reform

Gov. Rick Snyder has set his sights on pension reform in Michigan by proposing a reduction in the expected return rate for the state's retirement plans and establishing a task force charged with...

February 09, 2017 | 03:25 pm
Ford ratchets up $1 billion contribution to non-U.S. pension plans for 2017

Ford ratchets up $1 billion contribution to non-U.S. pension plans for 2017

Ford Motor Co., Dearborn, Mich., expects to contribute $1 billion to its non-U.S. defined benefit plans in 2017.

February 09, 2017 | 01:36 pm

United Technologies targets $300 million contribution to global DB plans

United Technologies Corp., Hartford, Conn., expects to make total contributions of approximately $300 million to its global pension plans in 2017.

February 09, 2017 | 01:56 pm

Kimberly-Clark proposes contribution to pension funds of up to $100 million

Kimberly-Clark Corp., Dallas, plans to contribute up to $100 million to its worldwide pension plans in 2017.

February 09, 2017 | 01:59 pm

Reynolds American lights up $111 million contribution for DB plans

Reynolds American Inc., Winston-Salem, N.C., will contribute $111 million to its defined benefit plans in 2017.

February 09, 2017 | 03:43 pm
Boeing lands $500 million contribution for pension funds

Boeing lands $500 million contribution for pension funds

Boeing Co., Chicago, plans to contribute about $500 million total to its pension plans in 2017.

February 08, 2017 | 05:19 pm
General Motors revs up $970 million contribution for non-U.S. pension plans

General Motors revs up $970 million contribution for non-U.S. pension plans

General Motors Co., Detroit,expects to contribute $970 million to its non-U.S. defined benefit plans in 2017, showed the firm's 10-K filing released Tuesday.

February 08, 2017 | 01:13 pm
Connecticut governor asks towns to contribute toward teacher pension costs

Connecticut governor asks towns to contribute toward teacher pension costs

Connecticut Gov. Dannel P. Malloy is asking towns to contribute to the costs of their teachers’ pensions as part of his proposed 2018/2019 fiscal year biennial budget presented to the state...

February 08, 2017 | 03:52 pm
Northrop Grumman plans $82 million contribution to U.S. pension plans in 2017

Northrop Grumman plans $82 million contribution to U.S. pension plans in 2017

Northrop Grumman Corp., Falls Church, Va., plans to make about $82 million in required minimum contributions to its U.S. defined benefit plans in 2017.

January 31, 2017 | 02:01 pm
Schlumberger eyes $200 million contribution in 2017

Schlumberger eyes $200 million contribution in 2017

Schlumberger Ltd., Houston, plans to contribute roughly $200 million total to its postretirement benefit plans in 2017, subject to market and business conditions.

January 30, 2017 | 02:57 pm
Verizon dials up $600 million pension fund contribution for 2017

Verizon dials up $600 million pension fund contribution for 2017

Verizon Communications Inc. announced Tuesday it would make the minimum contribution requirement of approximately $600 million for its pension plans in 2017.

January 24, 2017 | 03:17 pm
State contribution to CalPERS to rise by $524 million next year

State contribution to CalPERS to rise by $524 million next year

California will contribute $5.3 billion to CalPERS for the fiscal year starting July 1, up 11% from the current fiscal year, shows a proposed budget by Gov. Edmund G. Brown Jr.

January 12, 2017 | 09:47 am
Kansas governor proposes reducing future pension fund contributions

Kansas governor proposes reducing future pension fund contributions

Kansas Gov. Sam Brownback is proposing maintaining the state’s contribution to the Kansas Public Employees Retirement System at its fiscal year 2016 level over the next three fiscal years and...

January 12, 2017 | 03:18 pm
Illinois Senate sends Chicago pension reform bill to governor

Illinois Senate sends Chicago pension reform bill to governor

The Illinois Legislature approved Monday a bill to help shore up Chicago's municipal and laborer pension funds.

January 10, 2017 | 01:25 pm
Parliamentary committee calls for greater powers for U.K. Pensions Regulator

Parliamentary committee calls for greater powers for U.K. Pensions Regulator

The U.K. defined benefit market needs a “nuclear deterrent” for pension fund sponsors that might seek to avoid their responsibilities, recommends the Work and Pensions Committee.

December 21, 2016 | 06:56 am