The total deficit of all U.K. corporate pension funds in the London-based Pension Protection Fund’s 7800 index decreased 12.2% over January to £196.5 billion ($246.4 billion) and was down ...
February 14, 2017 | 06:19 am
South Dakota Gov. Dennis Daugaard signed into law on Thursday a bill changing the cost-of-living-adjustment requirements for the $10.5 billion South Dakota Retirement System, Pierre.
February 10, 2017 | 01:07 pm
Since the enactment of the Pension Protection Act in 2007, premiums required by the Pension Benefit Guaranty Corp. have increased dramatically.
February 10, 2017 | 11:22 am
Legislation that would take premiums paid to the Pension Benefit Guaranty Corp. off the table when federal budgets are drawn up in Congress has been introduced by Wyoming Sen. Mike Enzi.
February 02, 2017 | 03:38 pm
A group of retired Dallas police officers has filed a lawsuit against the board of trustees of the $2.1 billion Dallas Police & Fire Pension System for limiting DROP withdrawals.
January 31, 2017 | 01:09 pm
Loblaw Cos. Ltd., Brampton, Ontario, entered into an annuity buyout of C$350 million ($263 million) of pension liabilities with Sun Life Financial and BMO Insurance, the firms announced Tuesday.
January 31, 2017 | 12:57 pm
Iron Workers Local 17 Pension Fund, Cleveland, will implement a benefit reduction plan Feb. 1, following approval by plan participants by a ratio of 2-to-1, the pension fund announced Friday.
January 27, 2017 | 04:09 pm
The deficit of John Lewis Partnership PLC's U.K. defined benefit fund fell 43% over the three years ended March 31, to £479 million ($689 million), and a 10-year funding plan to eliminate the...
January 27, 2017 | 12:14 pm
The combined deficit of U.K. corporate pension funds has returned to pre-Brexit levels, said consultant Hymans Robertson.
January 23, 2017 | 12:41 pm
The funded status of public pension plans continues to rise in aggregate, while plan expenses continue to fall, said a study released Tuesday by the National Conference on Public Employee Retirement...
January 17, 2017 | 04:20 pm
Covpress' pension fund avoided transfer into the Pension Protection Fund, London, thanks to the acquisition of its sponsoring employer, an automotive supply firm.
January 12, 2017 | 02:21 pm
The Illinois Legislature approved Monday a bill to help shore up Chicago's municipal and laborer pension funds.
January 10, 2017 | 01:25 pm
NISA Investment Advisors’ Pension Surplus Risk index fell to 8.8% in December, down 0.5 percentage points from November’s reading.
January 09, 2017 | 01:57 pm
The Social Security program will run out of money in calendar year 2029 and will not be able to pay full benefits after that, the Congressional Budget Office says.