Pension funding

Sears to contribute $318 million to pension fund this year

Sears to contribute $318 million to pension fund this year

Sears Holdings Corp., Hoffman Estates, Ill., plans to contribute $318 million to its U.S. pension fund in 2016 and about $416 million in 2017, said the company’s recently filed 10-K with the...

March 18, 2016 | 01:28 pm
Moody’s: Low returns skyrocketing public pension fund liabilities

Moody’s: Low returns skyrocketing public pension fund liabilities

Recent market volatility could result in higher unfunded U.S. public pension liabilities in fiscal year 2016 and erase funding improvements seen in fiscal years 2013 and 2014, said a new report from...

March 17, 2016 | 02:58 pm
OECD countries facing $78 trillion in pension liabilities — Citi report

OECD countries facing $78 trillion in pension liabilities — Citi report

High unfunded liabilities combined with demographic changes are putting pressure on public and private pension funds globally, said a new Citigroup report.

March 16, 2016 | 03:48 pm

Increased multiemployer contributions not keeping pace with liabilities — report

U.S. multiemployer pension plans’ liabilities are increasing faster than the plans can make contributions to them, the Society of Actuaries said in a new report.

March 10, 2016 | 04:03 pm
U.S. corporate pension funding continues 2016 slide in February — 3 reports

U.S. corporate pension funding continues 2016 slide in February — 3 reports

The funded status of U.S. corporate defined benefit plans fell in February because of rising liabilities and declining asset values, said reports from Milliman and Aon Hewitt.

March 08, 2016 | 01:57 pm
U.K. pension funding deficit rises again in February

U.K. pension funding deficit rises again in February

Falls in gilt and equity markets pushed the aggregate corporate U.K. defined benefit fund deficit to £322.8 billion ($459.1 billion) in February, a 5.9% increase over the month, showed the...

March 08, 2016 | 11:56 am

Corporate funding ratios slip in February — 2 reports

The funded status for U.S. corporate pension plans dropped about one percentage point in February, said reports from Mercer and Wilshire Consulting.

March 03, 2016 | 03:37 pm
Russell: $20 billion club's large drop in liabilities offset weak 2015 investment returns

Russell: $20 billion club's large drop in liabilities offset weak 2015 investment returns

The aggregate funded status of 20 U.S. publicly listed corporations with more than $20 billion in pension fund liabilities was relatively flat in 2015 compared to 2014.

March 01, 2016 | 04:12 pm
Wilshire: State pension plan funding falls in fiscal 2015

Wilshire: State pension plan funding falls in fiscal 2015

The funding ratio of 131 state defined benefit plans fell 3 percentage points to an estimated 74% in fiscal year 2015 as liability growth outpaced assets.

March 01, 2016 | 03:48 pm
U.K. corporate pension funding deficit decreases 17% in February

U.K. corporate pension funding deficit decreases 17% in February

The total deficit of all corporate defined benefit funds in the U.K. decreased 17.1% to £209 billion ($301 billion) in February, despite uncertainty over the U.K.'s future in the European Union ...

March 01, 2016 | 11:33 am
General Electric to power up $930 million in contributions for affiliate pension funds

General Electric to power up $930 million in contributions for affiliate pension funds

General Electric Co. plans to contribute about $930 million to its affiliate pension funds in 2016.

February 29, 2016 | 04:13 pm
L-3 Communications expects to contribute $100 million to pension fund this year

L-3 Communications expects to contribute $100 million to pension fund this year

L-3 Communications Holdings plans to contribute about $100 million to its defined benefit plans in 2016.

February 29, 2016 | 01:22 pm
U.S. Supreme Court denies review of New Jersey pension fund contribution ruling

U.S. Supreme Court denies review of New Jersey pension fund contribution ruling

The U.S. Supreme Court said it would not review a New Jersey Supreme Court ruling that upheld Gov. Chris Christie's withholding of certain contributions to the New Jersey Pension Fund.

February 29, 2016 | 11:43 am
UPS charts $1.16 billion in U.S. pension plan contributions for 2016

UPS charts $1.16 billion in U.S. pension plan contributions for 2016

United Parcel Service Inc. plans to contribute $1.16 billion to its U.S. defined benefit plans in 2016.

February 25, 2016 | 12:15 pm
Chevron powers up $900 million in global pension plan contributions for 2016

Chevron powers up $900 million in global pension plan contributions for 2016

Chevron Corp. expects to contribute approximately $650 million to its U.S. defined benefit plans and approximately $250 million to its international DB plans in 2016.

February 25, 2016 | 01:45 pm