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...
February 02, 2015 | 01:37 pm
Single-employer defined benefit plan sponsors covered by ERISA will have new guidelines for annual funding notices when the Department of Labor's Employee Benefits Security Administration publishes a ...
January 30, 2015 | 05:17 pm
Trustees of distressed multiemployer pension funds got new tools to avert insolvency in a package of reforms approved by Congress in mid-December, including the right to reduce benefits for active...
December 22, 2014
Congress made the right decision to allow severely financially distressed multiemployer pension plans to cut retiree benefits.
December 22, 2014
Struggling multiemployer pension funds will be able to reduce retiree benefits under legislation that received final Senate approval Saturday as part of a congressional spending package already...
December 15, 2014 | 10:29 am
The House approved late Thursday a package of reforms available to struggling multiemployer pension funds, as part of a congressional spending deal that the Senate must vote on by Saturday.
December 12, 2014 | 11:36 am
Controversial reforms for multiemployer pension funds will be part of a congressional spending deal set for a final vote Thursday.