Moody's Investors Service downgraded Chicago's credit rating to Baa2 on Friday, citing concerns over the city's “highly elevated” unfunded pension liabilities.
February 27, 2015 | 04:03 pm
Corporate plan sponsors on both sides of the Atlantic are pushing back against the ramifications of lower interest rates, tipping a balance to re-risking from a derisking glidepath, say money...
February 23, 2015
Kraft Food Groups Inc., Northfield, Ill., expects to contribute about $195 million total to its defined benefit plans in 2015, the company's recently filed 10-K shows.
February 20, 2015 | 12:17 pm
Chevron Corp., San Ramon, Calif., expects to contribute about $350 million to its U.S. defined benefit plan and $250 million to its international pension funds in 2015, the company said in its 10-K...
February 20, 2015 | 02:39 pm
Consolidated Edison Inc., New York, plans to contribute $756 million to its defined benefit plan in 2015, according to the company's 10-K filing.
February 20, 2015 | 01:47 pm
Mondelez International Inc., Deerfield, Ill., plans to contribute $529 million total to its defined benefit plans in 2015, said the company’s 10-K filed Friday.
February 20, 2015 | 02:28 pm
Pinnacle West Capital Corp., Phoenix, plans to make voluntary contributions to its pension fund totaling up to $300 million over the next three years, said Paul Mountain, director, investor relations.
February 20, 2015 | 12:31 pm
Eli Lilly & Co. Inc., Indianapolis, plans to contribute about $310 million to its global defined benefit plans in 2015, of which about $40 million is required to meet minimum funding requirements for ...
February 20, 2015 | 12:27 pm
Allstate Corp., Northbrook, Ill., is expected to contribute $127 million total to its U.S. and Canadian pension funds in 2015.
February 19, 2015 | 01:32 pm
Minimum required contributions for private-sector defined benefit plans have dipped in recent years, but are poised to rise again in the long term, the Society of Actuaries said.
February 18, 2015 | 04:21 pm
Kimberly-Clark Corp., Dallas, will increase its fixed-income allocation by five percentage points to 75% in 2015.
February 18, 2015 | 04:06 pm
Caterpillar Inc., Peoria, Ill., plans to contribute $190 million to its defined benefit plans in 2015, the company's recently filed 10-K shows.
February 18, 2015 | 01:56 pm
Two Akron, Ohio-based companies announced upcoming pension fund contributions in their 10-K filings Tuesday.
February 18, 2015 | 01:15 pm
Some public pension funds are reporting higher asset values under GASB 67 because of strong returns in recent years, said a new report from Fitch Ratings.
February 13, 2015 | 03:31 pm
Boeing Co., Chicago, contributed $764 million to its 401(k) plans last year, up 3% from $742 million the previous year, according to its 10-K report, filed Thursday with the Securities and Exchange...