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.
September 29, 2014
Assets in the U.K.’s private defined benefit market will decrease 6% by 2023, to £1.05 trillion ($1.8 trillion), says research company Spence Johnson.
September 29, 2014 | 02:47 pm
Quebec municipal defined benefit plans could change to a shared-risk structure from a final-salary pension framework under legislation to be considered by the province's National Assembly next month.
September 29, 2014
Ontario Public Service Pension Plan rode strong equity gains to boost its overall assets to C$21 billion (US$18.9 billion) in 2013.
September 25, 2014 | 04:29 pm
Despite strong investment returns and reform measures, public pension funds are losing ground in dealing with unfunded liabilities, Moody’s Investors Service said in a report issued Thursday.
September 25, 2014 | 03:51 pm
Investors in FTSE 100 companies with defined benefit plans are penalizing those companies for their pension liabilities regardless of the pension plan's funded status, said a study by U.K. economics...
September 22, 2014 | 02:28 pm
The aggregate funding ratio of U.S. city and county pension plans rose to 73% in fiscal year 2013, up from 69% in 2012, said a report from Wilshire Consulting.
September 15, 2014 | 03:51 pm
The first batch of public pension fund financial reports under new accounting standards will be out this fall, and after a bumpy adjustment period, the preliminary results so far are good — or...
September 15, 2014
Pension funding at both the state and local levels appears to be stabilizing, according to the 12th annual public pension funding review announced Wednesday by Loop Capital Markets, which found...
September 10, 2014 | 06:02 pm
Standard & Poor’s Ratings Services is lowering its rating on New Jersey’s general obligation bonds to A from A+ in part because of the worsening condition of the state’s pension...
September 10, 2014 | 03:10 pm
The aggregate deficit of U.K. occupational pension funds in the Pension Protection Fund’s 7800 index increased 39% to £170.6 billion ($274.6 billion) in August.
September 09, 2014 | 12:10 pm
The funded status of the 100 largest U.S. corporate pension plans fell to 84% in August, down from 84.8% in July, said the latest Milliman 100 Pension Funding index.
September 08, 2014 | 04:29 pm
Funding ratios of U.S. corporate pension plans fell in August due to a drop in the discount rate, two new reports show.