Pension contributions
CalPERS to consider cuts to bond, inflation-linked expected rates of return
CalPERS staffers are recommending that the pension fund lower its expected future rate of return for its fixed-income and inflation-linked asset classes, setting the stage for a wider debate over...
June 12, 2013 | 04:33 pm
CalPERS seeks to bar law firm in San Bernardino's bankruptcy
CalPERS is trying to ban a law firm from representing a creditor in the bankruptcy of the city of San Bernardino.
May 20, 2013 | 01:37 pm
Delta to contribute additional $1 billion over five years to pension funds
Delta Air Lines Inc., Atlanta, plans to contribute an additional $1 billion to its defined benefit pension plans over the next five years, according to an 8-K filing with the Securities and Exchange...
May 08, 2013 | 03:26 pm
Contributions play key role in funded status winners
P&I's April 29 special report analyzed the largest U.S. corporate defined benefit pension plans. Over the past five ...
May 07, 2013 | 10:43 am
Newell Rubbermaid adds $100 million to U.S. pension plan
Newell Rubbermaid Inc., Atlanta, made a $100 million contribution to the company's primary U.S. pension plan during the first quarter of 2013.
May 03, 2013 | 03:37 pm
Oklahoma increases contributions to state firefighter pension plan
Oklahoma Gov. Mary Fallin signed a bill last week to increase employee and employer contributions for new hires in the $1.8 billion Oklahoma Firefighters Pension and Retirement System, Oklahoma City.
May 02, 2013 | 02:36 pm
Stockton creditors to challenge CalPERS payments in bankruptcy court
The biggest U.S. city in bankruptcy, Stockton is preparing a plan for paying debt that may propose compensating some creditors less than the principal owed, setting up a likely court challenge from...
April 22, 2013 | 12:45 pm
CalPERS approves accounting change that will boost employer contributions
CalPERS approved a proposal to change how it counts investment losses and gains aimed at filling $87 billion in unfunded obligations.
April 17, 2013 | 02:44 pm
CalPERS contributions could rise 50% in plan to plug funding gap
California taxpayers might see the municipal pension contributions they fund for the $258.3 billion California Public Employees' Retirement System rise as much as 50% under a plan to fill $87 billion ...
April 16, 2013 | 03:14 pm
New York State Teachers endorses Cuomo's stable contribution proposal
New York State Teachers' Retirement System on Tuesday endorsed a state law that gives school districts and charter schools the option to make preset annual contributions to the pension system rather...
April 09, 2013 | 03:57 pm
Public pension funds face scrutiny from accounting updates
Public pension executives are facing a paperwork tsunami this year.
April 01, 2013
Fujitsu to bulk up U.K. pension funds with £800 million contribution
Fujitsu Ltd. will contribute £800 million ($1.2 billion) to its U.K. pension funds this year, and an additional £20 million annually in an attempt to remove a £1.6 billion deficit by 2032, according...
March 25, 2013 | 03:08 pm
Cuomo drops plan to curb pension costs under DiNapoli pressure
New York Gov. Andrew Cuomo, pressed by critics including Comptroller Thomas DiNapoli, dropped a plan meant to give pension-cost certainty to local officials that might have left the system unable to...
March 22, 2013 | 01:50 pm
2 Connecticut pension funds selling investments to meet cash flow needs
The two largest public pension funds in the Connecticut Retirement Plans & Trust Funds, Hartford, will have to sell an estimated total of $427.8 million in investments by June 30 to offset a...
March 18, 2013 | 03:55 pm
Corporate pension funded status not rising despite contributions
Corporations have added $1 trillion in assets to their defined benefit pension plans in the last four years, only to see their average funded status remain essentially static and their aggregate...
