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
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
Fifty-one companies so far have announced they will contribute a combined $17.35 billion to their pension funds in 2015.
March 09, 2015
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
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 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
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 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 Corp. expects to contribute $560 million to its non-U.S. pension funds in 2015.
February 26, 2015 | 02:11 pm
Sears Holdings Corp. expects to contribute $275 million to its U.S. pension fund in 2015.
February 26, 2015 | 04:02 pm
Coca-Cola Co., Atlanta, announced in its 10-K filing Wednesday that it plans to make a discretionary contribution of $90 million to its non-U.S. pension funds.
February 26, 2015 | 02:22 pm
ConocoPhillips Co. expects to contribute about $300 million total to its global qualified and non-qualified pension and post-retirement benefit plans in 2015, while Textron Inc. plans to contribute a ...
February 25, 2015 | 01:27 pm
Trustees of the Merchant Navy Ratings Pension Fund won approval from the High Court of Justice on Wednesday to introduce a new deficit contribution plan that requires all employers to pay...
February 25, 2015 | 02:01 pm
New Jersey Gov. Chris Christie proposed a fiscal year 2016 budget Tuesday that cuts a promised pension payment by more than half a day after a judge ruled he must contribute an additional $1.6...
February 24, 2015 | 12:26 pm
AT&T Inc., Dallas, plans to contribute $735 million to its pension funds in 2015.