Union pensions
Hostess pension fund, union hires investment bank in asset sale
The union and the pension fund representing Hostess Brands Inc. workers hired investment bank Gordian Group in connection with the bankruptcy of the maker of Twinkies and Wonder bread.
January 21, 2013 | 01:23 pm
NHL players score new pension plan
Players taking to the ice in a shortened National Hockey League season will have their own defined benefit plan.
January 21, 2013
Marco sets in motion a restructuring
As Marco Consulting Group celebrated its 25th anniversary this month, wheels were also set in motion for future change at the top of the Taft-Hartley plan consulting firm.
January 17, 2013 | 12:57 pm
GM, UAW in talks over lump-sum offer
General Motors Co. is in discussions with the United Auto Workers union on offering lump-sum pension payments, confirmed GM spokesman Dave Roman.
January 09, 2013 | 04:04 pm
Marco Consulting picks new CEO
Jason Zenk was named CEO at Marco Consulting Group, according to Jack Marco, chairman of the firm.
January 09, 2013 | 11:47 am
National Electrical Benefit Fund gets new investment director
Monte Tarbox was named executive director of investments for the $14.7 billion National Electrical Benefit Fund.
January 09, 2013 | 03:11 pm
New Jersey Carpenters hammer at NYSE-ICE deal in lawsuit
New Jersey Carpenters Pension Fund filed suit in New York state court to block the acquisition of NYSE Euronext by IntercontinentalExchange, claiming that NYSE Euronext breached its fiduciary duty by ...
December 26, 2012 | 03:41 pm
Judge approves American Airlines pilot contract, pension freeze
American Airlines on Wednesday won court approval to eliminate lump-sum retirement payouts to pilots and proceed with plans to freeze their defined benefit plan.
December 19, 2012 | 03:26 pm
Hostess pension fund, union challenge wind-down, bonus plan
A Hostess Brands union and a pension fund are appealing the court order that gave the bankrupt Twinkie maker permission to wind down.
December 14, 2012 | 04:59 pm
American pilots accept contract with pension freeze provision
Pilots at American Airlines agreed to accept a new contract with a proposal to freeze the pilots' defined benefit plan and instead contribute 14% of pay into a new 401(k) plan, their union announced...
