The vast majority of the defined benefit pension plans of S&P 500 index companies remained underfunded at the end of 2012 despite strong U.S. equity performance last year, according to a report from...
April 08, 2013 | 02:00 pm
The funded status of the typical corporate defined benefit pension plan increased about five percentage points in the first quarter, helped both by strong equity markets and a slight increase in the...
April 05, 2013 | 11:50 am
The typical U.S. corporate defined benefit plan's funding ratio rose to about 83% in the first quarter, from about 76% at the start of the year, according to Legal & General Investment Management...
April 03, 2013 | 02:16 pm
The funded status of the typical U.S. corporate defined benefit pension plan enjoyed a healthy March, rising 1.9 percentage points, thanks to strong equity returns, according to BNY Mellon Investment ...
April 03, 2013 | 03:32 pm
The aggregate funded status of S&P 1500 companies improved considerably in March as a result of strong equity markets, according to a study by Mercer.
April 02, 2013 | 03:38 pm
The 100 largest U.S. corporate pension plans made record contributions in 2012, but it was not enough to prevent a funded status decline and record aggregate pension deficit.
March 25, 2013 | 03:55 pm
New York Gov. Andrew Cuomo, pressed by critics including Comptroller Thomas DiNapoli, dropped a plan meant to give pension-cost certainty to local officials that might have left the system unable to...
March 22, 2013 | 01:50 pm
A pension reform bill passed the Illinois House of Representatives on Thursday that changes cost-of-living adjustment policies for state employees hired before Jan. 1, 2011.
March 21, 2013 | 04:05 pm
The Illinois Senate passed a pension reform bill Wednesday for the teachers' pension plan, just hours after rejecting a separate, more comprehensive bill that would have put the state retirement...
March 20, 2013 | 05:53 pm
The California Legislative Analyst's Office in a report Wednesday said CalSTRS' $73 billion unfunded liability might be the state's “most difficult fiscal challenge” and called for an...
March 20, 2013 | 03:58 pm
The funding ratio of corporate defined benefit plans drives their asset allocations, with less well-funded plans opting for less fixed-income exposure, according to a study from Greenwich Associates.
March 14, 2013 | 11:56 am
Air Canada, Montreal, received an extension from the Canadian government Tuesday on pension funding arrangements until Jan. 30, 2021.
March 13, 2013 | 03:18 pm
Corporate defined benefit plan sponsors will need to alert participants regarding new plan underfunding calculations resulting from the MAP-21 law, according to interim guidance from the EBSA.
March 08, 2013 | 03:23 pm
The 100 largest U.S. corporate pension plans' funded status dropped slightly in February, to 81.5% from 81.7% in January, according to the latest Milliman 100 Pension Funding Index.
March 06, 2013 | 03:57 pm
The funded status of U.S. corporate defined benefit plans saw little change in February, according to separate reports from Mercer and BNY Mellon Investment Management.