The funded status of the 100 largest U.S. corporate defined benefit plans increased to 84.1% at the end of May, up 150 basis points from April, the Milliman 100 Pension Funding index showed.
June 04, 2015 | 02:40 pm
The aggregate funded status of defined benefit plans of S&P 1500 companies improved to 83% in May, up one percentage point from April and up nine percentage points from January.
June 03, 2015 | 12:21 pm
The funded status of U.S. corporate defined benefit plans improved in May as liabilities fell, said reports from BNY Mellon and Wilshire Consulting.
June 02, 2015 | 01:46 pm
A bill that reduces Chicago's pension contributions to its police and fire retirement systems in the near term passed the Illinois General Assembly.
June 01, 2015 | 03:20 pm
The funding ratio for pension plans sponsored by Russell 1000 companies declined six percentage points to 81% in 2014, said a report from UBS.
May 28, 2015 | 03:19 pm
Air Canada will opt out of a 2013 agreement with the Canadian government and Air Canada employees that required the airline to contribute an average of C$200 million ($166 million) annually to its...
May 27, 2015 | 01:39 pm
Maryland Gov. Larry Hogan said Thursday he will make an additional contribution toward the state's unfunded pension liability.
May 15, 2015 | 02:26 pm
Chicago's battered credit rating has taken another hit as Standard & Poor's said in a statement it lowered the status of the city's general obligation bonds two notches, to A- from A+.
May 15, 2015 | 11:13 am
On Tuesday, Moody's Investors Service downgraded the city of Chicago's credit rating to junk. In light of the Illinois Supreme Court's May 8 ruling that deemed the state's 2013 pension reform law...
May 13, 2015 | 02:55 pm
The aggregate deficit of occupational pension funds covered by the U.K. Pension Protection Fund’s 7800 index decreased 17.2% to £242.3 billion ($367 billion) in April as gilt yields rose.
May 12, 2015 | 12:12 pm
Pension bondholders can't force the bankrupt California city of San Bernardino to pay them as much as the state's powerful retirement system, a judge ruled Monday.
May 12, 2015 | 11:40 am
In the past 10 years, Illinois' accrued unfunded liabilities have grown to more than $111 billion in 2014 from $38 billion.
May 11, 2015 | 04:30 pm
The funded status of the 100 largest U.S. corporate defined benefit plans improved to 82.6% at the end of April, up 170 basis points from March, the Milliman 100 Pension Funding index showed Thursday.
May 07, 2015 | 03:34 pm
The funded status of U.S. corporate defined benefit plans improved in April on account of falling liabilities, said reports from Wilshire Consulting and Mercer.
May 06, 2015 | 12:37 pm
LV= Pension Fund hired BlackRock to manage a liability-hedging strategy for the £1.2 billion pension fund ($1.8 billion).