Pension funding

Options proposed for Chicago teachers pension fund payments

Options proposed for Chicago teachers pension fund payments

A series of proposals has been made to modify the way future payments are made to the Chicago Public School Teachers' Pension & Retirement Fund.

July 02, 2015 | 02:42 pm
U.S. state pension funding map

U.S. state pension funding map

See a heat map of state pension funding levels with additional information.

July 01, 2015 | 02:48 pm
States wrestle with pension issues as new fiscal year starts

States wrestle with pension issues as new fiscal year starts

Wednesday marks the first day of the new fiscal year for most states, including Illinois and Pennsylvania, where in spite of the date, 2016 fiscal year budgets have yet to be passed.

July 01, 2015 | 03:43 pm

Lane Clark: Secondary annuity transactions could help pension funds match liabilities

Defined benefit plans could buy up annuities on the secondary market to match changes in long-term interest rates and longevity, said pension fund consultant Lane Clark & Peacock.

June 24, 2015 | 02:48 pm

GSAM: Higher allocations to U.K. equities hurt FTSE 350 pension funding in 2014

A tendency to overallocate to domestic equities caused the defined benefit plans of the U.K.'s FTSE 350 companies to suffer in 2014, said Goldman Sachs Asset Management.

June 23, 2015 | 10:54 am

Public plans doing better on funding — study

Most public pension plans improved their funded status in 2014 and are likely to be more than 80% funded by 2018, according to a report released Friday by the Center for State and Local Government...

June 19, 2015 | 04:28 pm
Teamsters, machinists, aerospace unions support bill to repeal multiemployer reforms

Teamsters, machinists, aerospace unions support bill to repeal multiemployer reforms

International Brotherhood of Teamsters endorsed legislation introduced Thursday that would repeal the Multiemployer Pension Reform Act of 2014.

June 18, 2015 | 03:46 pm

Central States unveils website for rescue plan to save underfunded pension plan

Teamsters Central States, Southeast & Southwest Areas Pension Plan acknowledged “clearly the math will never work” on funding its defined benefit plan, said a new website it created to...

June 18, 2015 | 03:29 pm
S&P: State pension funding ratios inch up; 24 states see declines

S&P: State pension funding ratios inch up; 24 states see declines

U.S. state pension funding ratios have improved slightly, a report from Standard & Poor's Ratings Services said.

June 18, 2015 | 03:14 pm
GFOR: Healthy, and not so healthy, DB plans

GFOR: Healthy, and not so healthy, DB plans

Officials from Florida and North Carolina described their states' healthy defined benefit plans at Pensions & Investments' Global Future of Retirement conference in New York on Monday, but a ...

June 15, 2015 | 04:39 pm
N.J. contribution ruling called

N.J. contribution ruling called "double-edged sword'

The New Jersey Supreme Court's ruling that allowed the state to renege on a pension funding promise is seen as “a double-edged sword” by ratings agencies.

June 15, 2015
New Jersey high court backs Gov. Christie in pension fight

New Jersey high court backs Gov. Christie in pension fight

The New Jersey Supreme Court on Tuesday supported Gov. Chris Christie's withholding of payments to the New Jersey Pension Fund for the fiscal year ending June 30, saying the governor's reneging on a...

June 09, 2015 | 10:37 am

Funding of U.K. pension plans improves slightly in May

The total deficit of occupational pension funds covered by the U.K. Pension Protection Fund’s 7800 index decreased 0.4% to pound;241.3 billion ($368.8 billion) in May as asset increases more...

June 09, 2015 | 11:45 am
S&P 500 company pension funding ratio falls in 2014

S&P 500 company pension funding ratio falls in 2014

The funding ratio of pension plans sponsored by S&P 500 companies fell 6.7 percentage points to 81.2% in 2014, said new research from S&P Dow Jones Indices.

June 08, 2015 | 03:37 pm
Milliman: 100 largest corporate plans see more funding improvements in May

Milliman: 100 largest corporate plans see more funding improvements in May

The funded status of the 100 largest U.S. corporate defined benefit plans increased to 84.1% at the end of May, up 150 basis points from April, the Milliman 100 Pension Funding index showed.

June 04, 2015 | 02:40 pm