Aon PLC said it plans to contribute $385 million to its worldwide pension funds in 2014, down significantly from $523 million in 2013 and $638 million the year before that.
June 24, 2014 | 03:51 pm
A FTSE 100 company has become the first to make surety bonds part of the funding strategy for its defined benefit plan, a new option for corporate executives looking to make good on pension promises.
June 23, 2014
Philadelphia City Council did not schedule hearings on the proposed sale of Philadelphia Gas Works to UIL Holdings Corp.
June 20, 2014 | 06:09 pm
The California Legislature has passed a long-time funding plan for the California State Teachers’ Retirement System that is aimed at averting the $183.8 billion retirement fund’s running...
June 16, 2014 | 04:20 pm
The 25 largest Canadian corporate pension plans were 97% funded in aggregate at the end of 2013, up from 86% in 2012, according to a report from Russell Investments.
June 12, 2014 | 12:31 pm
The funded status of state and local pension plans was unchanged in fiscal year 2013, according to a report issued Tuesday by the Center for Retirement Research at Boston College.
June 10, 2014 | 09:35 am
PBGC guidance on how agency officials enforce pension liability rules cannot come soon enough for some pension plan sponsors and their advocates.
June 09, 2014
The aggregate defined benefit pension fund accounting deficit for FTSE 350 companies increased 2% in May from the end of April to £113 billion ($189.8 billion).
June 09, 2014 | 04:06 pm
Tontines are investment vehicles that could replace large pension plans, public or private, or those of smaller employers, and could be used to provide retirement income for participants.
June 09, 2014
The funding ratio of 100 of the largest U.S. corporate defined benefit plans fell in May due to falling interest rates, according to the latest Milliman 100 Pension Funding Index.
June 06, 2014 | 03:58 pm
NISA Investment Advisors’ Pension Surplus Risk index rose slightly in May to 9.5%, a 20-basis-point increase from April.
June 06, 2014 | 02:39 pm
The European Central Bank’s decision to further cut interest rates in an effort to stave off deflation have been met with mixed reactions by money managers.
June 06, 2014 | 12:31 pm
The funded status of corporate defined benefit plans was relatively flat in May with rising liabilities offsetting asset returns, according to three monthly funded status reports.
June 04, 2014 | 04:33 pm
Cook County Annuity & Benefit Fund, Chicago, would see its two public pension plans return to full funding in 30 years under a bill passed late Tuesday by the Illinois Senate. The bill now goes to...
May 27, 2014 | 05:33 pm
A growing number of large pension risk transfer deals in the U.K. and U.S., coupled with an anticipated influx of deals across both markets, have left industry executives split over the potential for ...