The funded status of 100 of the largest U.S. corporate pension plans decreased four percentage points to 91.2% in January, according to the latest Milliman 100 Pension Funding Index.
February 07, 2014 | 03:42 pm
Strong investment returns drove funding ratios of U.K. defined benefit pension funds of FTSE 350 companies up to 103% as of Dec. 31, from 93% a year earlier, according to analysis by Goldman Sachs...
February 06, 2014 | 02:13 pm
The net deficit of GlaxoSmithKline PLC's U.K. pension funds decreased by 53% to £613 million ($999.6 million) for the year ended Dec. 31.
February 05, 2014 | 01:51 pm
The funded status of corporate defined benefit plans experienced a significant drop in January, giving back some of the large gains made in 2013, according to reports from Mercer and BNY Mellon...
February 04, 2014 | 03:33 pm
U.K. corporate defined benefit pension funds recorded no change to their funding ratios over 2013, although rallying equity markets reduced deficits.
February 04, 2014 | 02:01 pm
Louisiana Teachers' Retirement System, Baton Rouge, returned 17.9% in the year ended Dec. 31.
February 03, 2014 | 03:26 pm
PBGC management hopes to take greater advantage of a little-used tool for restructuring multiemployer pension plans, as the number of candidates likely to seek the agency's help grows.
February 03, 2014
Illinois Municipal Retirement Fund officials, whose $33.12 billion pension plan's funded status is far and away the best among Illinois statewide plans, is changing its logo — and by doing so...
February 03, 2014
The Pension Benefit Guaranty Corp. restructured a multiemployer pension plan and took over benefit payments for former Hostess Brands participants, allowing the Bakery and Sales Drivers Local 33...
January 31, 2014 | 09:42 am
Ford Motor Co. contributed $1.5 billion to its global defined benefit plans in the fourth quarter of 2013. Total contributions for the year were $5 billion.
January 28, 2014 | 01:53 pm
United Continental Holdings Inc., Chicago, expects to contribute $290 million to its defined benefit pension plans this year.
January 23, 2014 | 03:39 pm
Air Canada on Wednesday said it eliminated its C$3.7 billion (US$3.3 billion) pension deficit in 2013 and projects that it will start this year with a small surplus.
January 22, 2014 | 01:48 pm
Unilever's net pension deficit of its Dutch and U.K. pension funds declined to €2 billion ($2.7 billion) as of Dec. 31.
January 22, 2014 | 01:26 pm
The comprehensive pension reform law passed in Illinois last month will “hardly make a dent” in the state's long-term budget deficits, according to a report from the University of...
January 21, 2014 | 03:00 pm
December saw continued improvement in the funded status of U.S. corporate defined benefit plans, according to monthly reports from BNY Mellon Investment Management's investment strategy and solutions ...