Alaska Gov. Sean Parnell proposed a $3 billion contribution to the state's two largest pension funds as part of his fiscal year 2015 budget plan, released Thursday.
December 06, 2013 | 03:20 pm
After finally tackling pension reform, Illinois legislators now need to figure out a way to help Chicago, which faces a steep increase in pension contributions in 2015.
December 05, 2013 | 08:00 am
The largest U.S. public retirement systems had an aggregate 0.9% growth in assets in fiscal year 2012, but a 4.1% growth in liabilities, according to the Public Fund Survey released Wednesday.
December 04, 2013 | 04:01 pm
The Illinois General Assembly approved a wide-ranging pension reform bill Tuesday aimed at saving $160 billion over the next 30 years and bringing the state-administered plans to 100% funding by 2045.
December 03, 2013 | 05:47 pm
State pension plans' funded status dropped two percentage points in fiscal year 2012 as only five states reported improved funding ratios, according to the 11th annual public pension funding review...
November 21, 2013 | 04:27 pm
United Continental Holdings Inc., Chicago, is expected to contribute an average of $275 million to its pension funds in each of the next five years.
November 19, 2013 | 02:24 pm
Ford Motor Co., Dearborn, Mich., contributed $1.1 billion to its global defined benefit pension plans in the third quarter, the company announced in its third-quarter earnings release on Thursday.
October 24, 2013 | 12:35 pm
Boeing Co., Chicago, contributed $1.5 billion to its defined benefit pension plans in the quarter ended Sept. 30, bringing to $1.513 billion the total contributions it has made this year.
October 23, 2013 | 01:31 pm
Lockheed Martin Corp. expects to contribute $1 billion to its defined benefit pension funds in 2014.
October 22, 2013 | 02:01 pm
CalPERS will appeal a judge’s ruling that found the city of San Bernardino eligible to remain in Chapter 9 bankruptcy.
October 18, 2013 | 01:31 pm
New York state Comptroller Thomas P. DiNapoli announced on Tuesday a drop in employer contribution rates for the state's two retirement systems beginning April 1 thanks in part to strong investment...
August 27, 2013 | 04:04 pm
Auto parts supplier Metavation LLC and its parent company, Revstone Industries, are fighting plans by the PBGC and other creditors to determine the companies’ fate in Chapter 11 bankruptcy...
August 19, 2013 | 04:16 pm
Labor Secretary Thomas Perez inherited a fight over workers' rights and California's pension reforms.
August 19, 2013
A change in corporate owners can be traumatic, but participants in the Washington Post Co.'s defined benefit pension plan and shareholders can take comfort from knowing that paying pension benefits...
August 19, 2013
The American Federation of Musicians' Greater New York chapter is trying to get famed restaurateur Danny Meyer to face the music and start contributing to the union's pension plan.