Union pensions

National Railroad Retirement trust appoints new CEO, CIO

William J. Carr III was named CEO and chief investment officer of the $25.4 billion National Railroad Retirement Investment Trust.

April 15, 2016 | 02:27 pm
NHL union: players should be exempt from Ontario plan

NHL union: players should be exempt from Ontario plan

The union representing National Hockey League players wants the Toronto Maple Leafs and Ottawa Senators on the bench when Ontario's proposed supplemental pension plan begins in 2018.

April 04, 2016
Fate of 400,000 Teamster pensions rests in Ken Feinberg's hands

Fate of 400,000 Teamster pensions rests in Ken Feinberg's hands

By May 7, federal mediator Kenneth Feinberg must decide whether to accept a plan to cut payouts of Teamsters to prevent the Central States Pension Fund from going broke. The decision could set a...

March 31, 2016 | 10:03 am
PBGC calls for higher multiemployer premiums

PBGC calls for higher multiemployer premiums

The Pension Benefit Guaranty Corp. said Thursday it will need to raise premiums for multiemployer plans to avoid having that program run out of money by 2025.

March 31, 2016 | 04:05 pm
Innovation not confrontation

Innovation not confrontation

Union members and pension advocates seeking to stop severely underfunded multiemployer defined benefit plans from cutting pension payments to retirees face a challenge — identifying viable...

March 21, 2016

Increased multiemployer contributions not keeping pace with liabilities — report

U.S. multiemployer pension plans’ liabilities are increasing faster than the plans can make contributions to them, the Society of Actuaries said in a new report.

March 10, 2016 | 04:03 pm
First post-Omnicare Supreme Court decision goes against investors

First post-Omnicare Supreme Court decision goes against investors

Investors attempting to sue a company for potentially misleading registration statements were rebuffed by the 2nd U.S. Circuit Court of Appeals in the first opinion since the Supreme Court addressed...

March 08, 2016 | 03:28 pm
Innovation could be outcome of multiemployer plan debate

Innovation could be outcome of multiemployer plan debate

With three multiemployer pension plans moving to cut benefits, pension advocates are pushing to derail the law that made such steps possible before there are more, while other experts press for new...

February 22, 2016
Actors get good news about their pension plan

Actors get good news about their pension plan

It's Oscar time. While some actors are choosing which designer they'll be wearing on the red carpet in nervous anticipation of the final rip of those famous envelopes, all actors and producers were...

February 22, 2016