Pension funding

PPF to assess Monarch Airlines for DB takeover

Monarch Airlines Retirement Benefits Plan Ltd. is expected to enter an assessment for entry into the Pension Protection Fund within a matter of weeks.

October 27, 2014 | 02:15 pm
2 senators call for derisking rules

2 senators call for derisking rules

Senate Finance Committee Chairman Ron Wyden, D-Ore., and Senate Health, Education, Labor and Pensions Committee Chairman Tom Harkin, D-Iowa, want federal regulators to set clear guidelines for...

October 23, 2014 | 03:21 pm
New Orleans mayor creates pension reform group to sustain firefighters plan

New Orleans mayor creates pension reform group to sustain firefighters plan

New Orleans Mayor Mitch Landrieu signed an executive order establishing a pension reform working group to recommend changes to the New Orleans Fire Fighters Pension & Relief Fund.

October 22, 2014 | 01:01 pm

JPMAM: Corporate pension funding falls in 3rd quarter

The average funded status of pension plans of Russell 3000 companies fell slightly to 86.9% at the end of the third quarter,down 150 basis points from the end of 2013, due to “ebbing...

October 14, 2014 | 04:13 pm

U.K. pension funding shortfall drops 2.4% in September

The aggregate deficit of occupational pension funds in the U.K. Pension Protection Fund’s 7800 index decreased 2.4% to £166.5 billion ($265.2 billion) in September.

October 14, 2014 | 10:40 am

Milliman: Multiemployer pension plans 81% funded in 2013

The aggregate funded status of U.S. multiemployer pension plans rose to 81% in 2013, up nine percentage points from the end of 2012, said a new report from Milliman.

October 10, 2014 | 03:22 pm

State pension funding showing strength

U.S. state pension funds are strengthening for the first time in six years as rising contributions and rallying stocks ease a fiscal strain that’s vexed municipal leaders since the recession.

October 09, 2014 | 03:52 pm
Funded status volatility rises in September

Funded status volatility rises in September

NISA Investment Advisors' Pension Surplus Risk index jumped 40 basis points to 9.6% in September, driven by an increase in both return-seeking asset and interest rate volatility.

October 07, 2014 | 03:01 pm

Milliman: Corporate pension plan funding climbs in September

The funded status of the 100 largest U.S. corporate defined benefit plans improved slightly in September.

October 07, 2014 | 02:31 pm

Mercer: Pension funded status of S&P 1500 companies stable in September

The funded status of defined benefit pension plans of S&P 1500 companies remained at 84% in September, said a monthly report from Mercer.

October 06, 2014 | 01:03 pm
Corporate pension plans' funding ratios end Q3 on the decline — 3 reports

Corporate pension plans' funding ratios end Q3 on the decline — 3 reports

U.S. corporate pension plans experienced a decline in funding ratios by the end of September as a result of slowing growth in assets unable to keep up with liability values.

October 03, 2014 | 03:28 pm

Chicago pension funding ratios drop 30 points since 2003 — report

The aggregate actuarial funding ratio of 10 Chicago-area pension plans was 45.5% at the end of fiscal year 2012, down from 74.5% in 2003, said a recent report from the Civic Federation, an...

October 02, 2014 | 04:25 pm
BNY Mellon: Corporate pension funding ratios fall to lowest level since August 2013

BNY Mellon: Corporate pension funding ratios fall to lowest level since August 2013

The funded status of a typical U.S. corporate defined benefit plan dropped to 89.9% in September, the lowest level since August 2013 when it was 88.1%, said the BNY Mellon Institutional Scorecard.

October 02, 2014 | 04:00 pm
Aon Hewitt: Canadian DB plans’ funding status slips

Aon Hewitt: Canadian DB plans’ funding status slips

Canadian defined benefit plans administered by Aon Hewitt saw their funded status slip in the past three months, to a median 91.1% as of Sept. 26 from 96%.

September 30, 2014 | 04:00 pm
Motorola wraps up pension buyout at light speed

Motorola wraps up pension buyout at light speed

Motorola Solutions Inc.'s pension buyout, the third largest in U.S. history, was the fastest by a mile, taking less than six months from start to finish.

September 29, 2014