Pension funding

FTSE 350 pension plan deficit up 3.6% in July

The total deficit of defined benefit plans at companies in the U.K.’s FTSE 350 increased 3.6% during July to £116 billion ($195.6 billion).

August 05, 2014 | 12:05 pm
Ontario utility pension funds unstable, government report says

Ontario utility pension funds unstable, government report says

Ontario’s four government-run energy-sector pension plans with a combined C$15.8 billion (US$14.5 billion) in assets are unstable and don’t have strategies to handle future deficits if...

August 04, 2014 | 04:17 pm

BNY Mellon: DB plan funded status falls in July

The funded status of a typical U.S. corporate defined benefit plan dropped to 90.8% in July, down 1.2 percentage points from June, said the BNY Mellon Institutional Scorecard.

August 04, 2014 | 01:59 pm
Church-plan status under increased scrutiny

Church-plan status under increased scrutiny

A growing number of lawsuits and some key court rulings are making it harder for church-affiliated defined benefit plans to be exempt from the Employee Retirement Income Security Act.

August 04, 2014
Senate passes House version of highway bill

Senate passes House version of highway bill

The U.S. Senate approved on Thursday the House version of a highway funding bill that includes more generous pension funding calculations.

August 01, 2014 | 12:06 pm
Senate reduces pension smoothing measures for highway bill

Senate reduces pension smoothing measures for highway bill

The Senate version of a highway funding bill approved Tuesday calls for less generous pension funding calculations for defined benefit plans than a House plan approved July 15.

July 30, 2014 | 03:41 pm
New actuary tables may be 'nail in the coffin' for DB plans

New actuary tables may be 'nail in the coffin' for DB plans

The measured value of liabilities for most defined benefit plans will increase between 3% and 8% with the adoption of new mortality tables, said a report from Wilshire Consulting.

July 23, 2014 | 10:17 am

S&P 500 company pension deficit drops 50% in 2013

S&P 500 pension plan underfunding was cut in half to $224 billion in fiscal year 2013, down from $452 billion in 2012, said research by S&P Dow Jones Indices.

July 16, 2014 | 04:31 pm
House passes pension funding changes in Highway Trust Fund legislation

House passes pension funding changes in Highway Trust Fund legislation

More generous pension funding calculations for defined benefit plans were approved Tuesday by the House, 367-55, as part of legislation extending the Highway Trust Fund.

July 15, 2014 | 05:39 pm

FTSE 100 pension funds’ combined funding status improves, report shows

FTSE 100 pension funds’ total deficit decreased 21% in the year ended March 31, to £60 billion ($103 billion), despite contributions decreasing 27% in the same period to £7.7 billion.

July 15, 2014 | 11:34 am

Aon Hewitt: S&P 500 pension funding ratios climb in June

The aggregate funding ratio of S&P 500 companies with defined benefit pension plans improved to 89.5% at the end of June from 88.3% the previous month, Aon Hewitt said.

July 11, 2014 | 03:24 pm
Milliman: Funding level of U.S. corporate pension plans up in June

Milliman: Funding level of U.S. corporate pension plans up in June

The funded status of the 100 largest U.S. corporate pension plans increased in June because of slightly rising interest rates

July 10, 2014 | 03:39 pm
Pension smoothing part of Highway Trust Fund deal

Pension smoothing part of Highway Trust Fund deal

The House Ways and Means Committee late Tuesday proposed pension smoothing as part of a funding package for the Highway Trust Fund, which is projected to run out of money within weeks.

July 09, 2014 | 02:23 pm

Public policy group calls for risk-free public pension discount rate

State governments could provide a clearer picture of public pension debt as it relates to state budgets by using a low-risk discount rate, a new report states.

July 09, 2014 | 09:00 am

Pension surplus risk index falls to historical low in June

NISA Investment Advisors' Pension Surplus Risk index fell to 8.6% in June, a 90-basis-point drop from May.

July 08, 2014 | 02:42 pm