The aggregate funded status of the 100 largest public pension funds increased slightly last year from a market value perspective, said Milliman’s 2014 Public Pension Funding Study.
November 05, 2014 | 04:29 pm
he funded status of U.S. corporate defined benefit plans was relatively unchanged in October, said monthly reports from BNY Mellon, Wilshire Consulting and Mercer.
November 05, 2014 | 03:51 pm
The funded status of Illinois Teachers' Retirement System improved modestly to 44.2% as of June 30, compared with 42.5% a year earlier, thanks to good fiscal year investment returns.
November 03, 2014 | 03:02 pm
U.S. corporate defined benefit plan liabilities will increase about $110 billion due to new mortality tables recently published by the Society of Actuaries, a new Moody’s Investors Services...
November 03, 2014 | 02:16 pm
Index results for benchmark corporate pension plans in five major regions fell in the third quarter because of falling interest rates and modest investment returns, said Towers Watson's quarterly...
October 31, 2014 | 03:49 pm
The insolvency rate of sponsoring employers with defined benefit plans that are eligible for inclusion in the U.K. Pension Protection Fund fell sharply over the nine months ended March 31.
October 30, 2014 | 03:42 pm
Boeing Co., Chicago, is offering an option of a lump-sum payout or an annuity to 40,000 former employees who have not yet retired, the first time the company has offered such choices from its...
October 28, 2014 | 02:59 pm
Monarch Airlines Retirement Benefits Plan Ltd. is expected to enter an assessment for entry into the Pension Protection Fund within a matter of weeks.
October 27, 2014 | 02:15 pm
Senate Finance Committee Chairman Ron Wyden, D-Ore., and Senate Health, Education, Labor and Pensions Committee Chairman Tom Harkin, D-Iowa, want federal regulators to set clear guidelines for...
October 23, 2014 | 03:21 pm
New Orleans Mayor Mitch Landrieu signed an executive order establishing a pension reform working group to recommend changes to the New Orleans Fire Fighters Pension & Relief Fund.
October 22, 2014 | 01:01 pm
The average funded status of pension plans of Russell 3000 companies fell slightly to 86.9% at the end of the third quarter,down 150 basis points from the end of 2013, due to “ebbing...
October 14, 2014 | 04:13 pm
The aggregate deficit of occupational pension funds in the U.K. Pension Protection Fund’s 7800 index decreased 2.4% to £166.5 billion ($265.2 billion) in September.
October 14, 2014 | 10:40 am
The aggregate funded status of U.S. multiemployer pension plans rose to 81% in 2013, up nine percentage points from the end of 2012, said a new report from Milliman.
October 10, 2014 | 03:22 pm
U.S. state pension funds are strengthening for the first time in six years as rising contributions and rallying stocks ease a fiscal strain that’s vexed municipal leaders since the recession.
October 09, 2014 | 03:52 pm
NISA Investment Advisors' Pension Surplus Risk index jumped 40 basis points to 9.6% in September, driven by an increase in both return-seeking asset and interest rate volatility.