Pension funding

Milliman: 100 largest public plans see slight funded status gain in 2013

The aggregate funded status of the 100 largest public pension funds increased slightly last year from a market value perspective, said Milliman’s 2014 Public Pension Funding Study.

November 05, 2014 | 04:29 pm

Volatile October ends up leaving funding ratios relatively flat — 3 reports

he funded status of U.S. corporate defined benefit plans was relatively unchanged in October, said monthly reports from BNY Mellon, Wilshire Consulting and Mercer.

November 05, 2014 | 03:51 pm

Illinois Teachers' funded status up modestly from strong returns

The funded status of Illinois Teachers' Retirement System improved modestly to 44.2% as of June 30, compared with 42.5% a year earlier, thanks to good fiscal year investment returns.

November 03, 2014 | 03:02 pm

Moody’s: New mortality tables will increase pension liabilities by $110 billion

U.S. corporate defined benefit plan liabilities will increase about $110 billion due to new mortality tables recently published by the Society of Actuaries, a new Moody’s Investors Services...

November 03, 2014 | 02:16 pm

Towers Watson: Benchmark index for pension plans drops in 5 of 7 markets

Index results for benchmark corporate pension plans in five major regions fell in the third quarter because of falling interest rates and modest investment returns, said Towers Watson's quarterly...

October 31, 2014 | 03:49 pm

Insolvency rate slowing for U.K. companies with pension funds — report

The insolvency rate of sponsoring employers with defined benefit plans that are eligible for inclusion in the U.K. Pension Protection Fund fell sharply over the nine months ended March 31.

October 30, 2014 | 03:42 pm
Boeing offers lump-sum, immediate annuity options to 40,000 former employees

Boeing offers lump-sum, immediate annuity options to 40,000 former employees

Boeing Co., Chicago, is offering an option of a lump-sum payout or an annuity to 40,000 former employees who have not yet retired, the first time the company has offered such choices from its...

October 28, 2014 | 02:59 pm

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