The funding shortfall of public-sector retirement systems increased by $54 billion in 2013 to reach $968 billion, said a brief released Tuesday by The Pew Charitable Trusts.
July 14, 2015 | 01:22 pm
The aggregate deficit of occupational pension funds covered by the U.K. Pension Protection Fund's 7800 index decreased 7.5% to £223.1 billion ($346 billion) in June, as rising gilt yields...
July 14, 2015 | 11:36 am
The funded status of the 100 largest U.S. corporate defined benefit plans improved to 85.6% at the end of June, up 150 basis points from May, the Milliman 100 Pension Funding index showed Thursday.
July 09, 2015 | 01:51 pm
Illinois Gov. Bruce Rauner announced Wednesday a bill aimed at reducing pension costs at the state, county and city levels.
July 08, 2015 | 06:37 pm
A majority of multiemployer pension funds continued to be in the well-funded “green zone” in calendar year 2015, according to Segal Consulting’s latest Survey of Plans’ Zone...
July 08, 2015 | 04:05 pm
The funded status of corporate defined benefit plans rose in June because of falling liabilities, said reports from BNY Mellon and Aon Hewitt.
July 07, 2015 | 04:08 pm
The PBGC filed liens against the Times Publishing Co., for $30.5 million in missed pension fund contributions and related interest and penalties.
July 07, 2015 | 03:37 pm
The funded status of U.S. corporate pension plans improved slightly in June, said two new reports released Monday.
July 06, 2015 | 02:56 pm
The funded status of a typical U.S. corporate pension plan rose in the second quarter of 2015 due to falling liabilities, said two new reports from Legal & General Investment Management America and...
July 02, 2015 | 02:31 pm
A series of proposals has been made to modify the way future payments are made to the Chicago Public School Teachers' Pension & Retirement Fund.
July 02, 2015 | 02:42 pm
See a heat map of state pension funding levels with additional information.
July 01, 2015 | 02:48 pm
Wednesday marks the first day of the new fiscal year for most states, including Illinois and Pennsylvania, where in spite of the date, 2016 fiscal year budgets have yet to be passed.
July 01, 2015 | 03:43 pm
Defined benefit plans could buy up annuities on the secondary market to match changes in long-term interest rates and longevity, said pension fund consultant Lane Clark & Peacock.
June 24, 2015 | 02:48 pm
A tendency to overallocate to domestic equities caused the defined benefit plans of the U.K.'s FTSE 350 companies to suffer in 2014, said Goldman Sachs Asset Management.
June 23, 2015 | 10:54 am
Most public pension plans improved their funded status in 2014 and are likely to be more than 80% funded by 2018, according to a report released Friday by the Center for State and Local Government...