The Treasury Department on Wednesday released proposed and temporary regulations for implementing the Multiemployer Pension Reform Act of 2014, which among other things, allows severely distressed...
June 17, 2015 | 03:16 pm
The median return of all plans in the BNY Mellon U.S. Master Trust Universe was 2.4% in the first quarter of 2015, up from 1.62% in the fourth quarter of 2014 and driven by strong returns in non-U.S. ...
May 20, 2015 | 01:36 pm
Democratic members of the Senate Finance Committee asked Treasury Department officials to tread carefully as they develop the process for implementing multiemployer pension reforms enabling some...
May 14, 2015 | 03:32 pm
Multiemployer pension reform advocates continue to pursue what they consider a critical missing piece in new legislation: a regulatory green light to do more alternative plan designs.
March 23, 2015
The aggregate funded status of U.S. multiemployer pension plans fell slightly to 80% in 2014, down one percentage point from the end of 2013, as liabilities rose faster than assets, said a report...
March 18, 2015 | 02:04 pm
More than half of multiemployer plan participants will have their benefits reduced if their plans become insolvent and rely on government guarantees in the near future, said a study released...
March 11, 2015 | 03:46 pm
Marc LeBlanc is retiring as fund administrator and general counsel of the $4 billion Sheet Metal Workers’ National Pension Fund, Fairfax, Va.
March 11, 2015 | 01:38 pm
Trustees of the Merchant Navy Ratings Pension Fund won approval from the High Court of Justice on Wednesday to introduce a new deficit contribution plan that requires all employers to pay...
February 25, 2015 | 02:01 pm
Pension cuts? All I worked "now was for nothing'
February 23, 2015
Minimum required contributions for private-sector defined benefit plans have dipped in recent years, but are poised to rise again in the long term, the Society of Actuaries said.
February 18, 2015 | 04:21 pm
The IRS will seek public input on how to handle benefit reductions now allowed for troubled multiemployer pension funds.
February 13, 2015 | 01:53 pm
Trusts in the Wilshire Trust Universe Comparison Service returned a median 1.7% in the fourth quarter and a median 6% for calendar 2014.
February 09, 2015 | 03:34 pm
Some multiemployer pension fund executives are trying to figure out whether to take advantage of a controversial new reform law that allows potential benefit cuts for participants and retirees....
February 09, 2015
InvestorForce Plan Universes funds had a median net return of 5% in 2014. The median return gross of fees was 5.4%.
February 04, 2015 | 11:58 am
Single-employer defined benefit plan sponsors covered by ERISA have new guidelines for annual funding notices in a final rule published Monday by the Department of Labor's Employee Benefits Security...