Pension funding

CalPERS considers 4 asset allocation options; local officials prefer avoiding major changes

Pension Funds -

Pension Funds -

As CalPERS mulls over a new asset allocation for the next four years, one group is making it clear CalPERS needs to steer clear of major changes.
GE to contribute $6 billion to main pension plan in 2018

Pension Funds -

Pension Funds -

General Electric Co. plans to contribute about $6 billion to its main defined benefit plan in 2018.
PPF: U.K. corporate pension funding improves again in October

Pension Funds -

Pension Funds -

The total deficit of all U.K. corporate pension funds covered by the Pension Protection Fund's 7800 index fell 5.2% in October to 149.8 billion.
Former Goldman Sachs exec wins N.J. gubernatorial election, pledges to fully fund pension plan

Elections -

Elections -

Phil Murphy, a former Goldman Sachs executive, was elected governor of New Jersey on Tuesday.
Houston voters overwhelmingly approve issuing $1 billion pension obligation bond

Elections -

Elections -

Houston voters approved a referendum to issue $1 billion in pension obligation bonds to help reduce the city's $8.2 billion in unfunded liabilities.
S&P 500, 1500 pension funds end October 83% funded — 2 reports

Pension Funds -

Pension Funds -

The funded status for U.S. corporate pension plans remained relatively unchanged in October.
Oregon task force identifies measures to reduce unfunded pension liabilities by about $5 billion

Pension Funds -

Pension Funds -

An Oregon state task force is recommending a number of measures to raise money to improve the state pension plan's funding.
BT Group to consult with employees on proposed retirement plan changes

Pension Funds -

Pension Funds -

BT PLC, London, is set to consult with employees on proposed changes to its retirement arrangements
Unfunded pension liabilities factor into some states' poor grades on legacy costs — report

Pension Funds -

Pension Funds -

Nine states in the U.S. have received the lowest possible grades on legacy costs in a new report on budget practices and transparency.
Corporate pension funding improves slightly in October — 2 reports

Pension Funds -

Pension Funds -

The aggregate funded status of the largest U.S. corporate pension plans rose in October, said two reports.
U.K. corporate pension plans see continued funding improvement in October

Pension Funds -

Pension Funds -

The total deficit of all U.K. corporate defined benefit funds fell 11.5% in the month of October to £154 billion.
A.H. Belo buys annuity for $43.5 million in pension liabilities

PENSION FUNDS -

PENSION FUNDS -

A.H. Belo Corp. purchased a group annuity contract from an insurance company to transfer $43.5 million in pension liabilities.
Northern Trust plan universe notches another strong quarter with median 3.3% return

PENSION FUNDS -

PENSION FUNDS -

Institutional asset owners in the Northern Trust universe returned a median 3.3% in the third quarter, marking the eighth consecutive quarter of gains.
Milliman: Largest public pension plans' funding ratio rises for year ended June 30

PENSION FUNDS -

PENSION FUNDS -

The aggregate funded status of the 100 largest U.S. public pension funds rose to an estimated 70.7% as of June 30, up from 67.7% a year prior.
Ohio Police & Fire reduces assumed rate of return

PENSION FUNDS -

PENSION FUNDS -

Ohio Police & Fire Pension Fund is lowering its assumed rate of return to 8% from 8.25%.