More generous pension funding calculations for defined benefit plans were approved Tuesday by the House, 367-55, as part of legislation extending the Highway Trust Fund.
July 15, 2014 | 05:39 pm
FTSE 100 pension funds’ total deficit decreased 21% in the year ended March 31, to £60 billion ($103 billion), despite contributions decreasing 27% in the same period to £7.7 billion.
July 15, 2014 | 11:34 am
The aggregate funding ratio of S&P 500 companies with defined benefit pension plans improved to 89.5% at the end of June from 88.3% the previous month, Aon Hewitt said.
July 11, 2014 | 03:24 pm
The funded status of the 100 largest U.S. corporate pension plans increased in June because of slightly rising interest rates
July 10, 2014 | 03:39 pm
The House Ways and Means Committee late Tuesday proposed pension smoothing as part of a funding package for the Highway Trust Fund, which is projected to run out of money within weeks.
July 09, 2014 | 02:23 pm
State governments could provide a clearer picture of public pension debt as it relates to state budgets by using a low-risk discount rate, a new report states.
July 09, 2014 | 09:00 am
NISA Investment Advisors' Pension Surplus Risk index fell to 8.6% in June, a 90-basis-point drop from May.
July 08, 2014 | 02:42 pm
Alaska Retirement Management Board has made preliminary plans for how it will allocate the $3 billion infusion to the Public Employees' Retirement System and Teachers' Retirement System from the...
July 08, 2014 | 04:01 pm
The aggregate deficit of U.K. defined benefit occupational pension funds in the Pension Protection Fund's 7800 index decreased 8% in June to £109 billion ($186.6 billion).
July 08, 2014 | 01:27 pm
The funded status of S&P 1500 companies with defined benefit pension plans rose one percentage point to 85% in June, said a monthly report from Mercer.
July 07, 2014 | 03:50 pm
The funded status of a typical U.S. corporate defined benefit pension plan remained relatively unchanged at slightly less than 90% in the second quarter, said Legal & General Investment Management...
July 02, 2014 | 03:54 pm
Canadian defined benefit pension plans’ funding improved marginally in the second quarter but was down slightly from the start of the year, based on a Mercer (Canada) report released Wednesday.
July 02, 2014 | 02:17 pm
The total deficit of U.K. corporate defined benefit pension funds increased 67% for the year ended June 30, despite a rise in total assets.
July 01, 2014 | 11:44 am
Aon PLC said it plans to contribute $385 million to its worldwide pension funds in 2014, down significantly from $523 million in 2013 and $638 million the year before that.
June 24, 2014 | 03:51 pm
A FTSE 100 company has become the first to make surety bonds part of the funding strategy for its defined benefit plan, a new option for corporate executives looking to make good on pension promises.