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
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 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
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
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
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
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
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
The funded status of the 100 largest U.S. corporate defined benefit plans improved slightly in September.
October 07, 2014 | 02:31 pm
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
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
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
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
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 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.