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
See a heat map of state pension funding levels with additional information.
July 01, 2015 | 02:48 pm
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
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
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
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
International Brotherhood of Teamsters endorsed legislation introduced Thursday that would repeal the Multiemployer Pension Reform Act of 2014.
June 18, 2015 | 03:46 pm
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
U.S. state pension funding ratios have improved slightly, a report from Standard & Poor's Ratings Services said.
June 18, 2015 | 03:14 pm
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
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
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
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
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
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.