Pension plan terminations
Stroh Cos. Inc. has asked the Pension Benefit Guaranty Corp. to take over its defined benefit plan.
November 11, 2013 | 04:15 pm
The Federal Housing Finance Agency announced on Friday it has directed Fannie Mae and Freddie Mac to terminate their defined benefit pension plans.
October 25, 2013 | 12:46 pm
New York State Common Retirement Fund, Albany, committed €250 million ($329.4 million) to CVC European Equity Partners VI, managed by CVC Capital Partners, confirmed Eric...
September 04, 2013 | 02:58 pm
Thomasville (Ga.) Employees' Retirement System is searching for an actuary.
August 21, 2013 | 03:29 pm
The PBGC will take over the defined benefit pension fund of Butzel Long, a Detroit-based law firm.
July 03, 2013 | 03:48 pm
When a company is in bankruptcy or facing financial hardship, at some point it might have to face the question of whether to terminate its defined benefit pension plans. This is a difficult decision, ...
April 01, 2013
Walt Disney Co. investors turned back calls for a future split of the two top jobs held by Chairman and CEO Robert Iger, rejecting the demands of three state pension funds.
March 06, 2013 | 03:09 pm
Chicago Park Employees' Annuity & Benefit Fund is searching for managers to run $20 million each in infrastructure and risk-parity strategies.
February 28, 2013 | 04:17 pm
More than one-third of corporate defined benefit plan sponsors are considering lump-sum payouts this year for retirees and vested former employees, up from 7% last year, according to a new survey by...
February 13, 2013 | 03:14 pm
U.K. corporate defined benefit pension plans are closing at the fastest pace since 2005, with only 13% of DB funds open to new employees in 2012 compared to 19% the previous year, according to an...
January 27, 2013 | 07:00 pm
American Airlines Inc. parent AMR Corp. has asked a federal bankruptcy court in New York for permission to allow the airline to amend its frozen pilots' pension plan so that retiring pilots cannot...
November 29, 2012 | 10:05 am
A Hostess Brands union and a pension fund asked the judge overseeing the company's bankruptcy to appoint a Chapter 11 trustee to take control of the wind-down of the maker of Twinkies and Wonder Bread.
November 27, 2012 | 03:22 pm
Poll results: Did you stockpile Twinkies or other Hostess products after the company's liquidation announcement?
About 18% of respondents to a P&I Online survey last week wanted to stockpile Twinkies and other Hostess Brands Inc. products as a result of the company's liquidation announcement.
November 26, 2012 | 04:24 pm
As Hostess Brands Inc. prepares for possible liquidation, more than jobs and pension obligations are at stake. The future of some of the most iconic brands in baked goods is up in the air.
November 20, 2012 | 04:44 pm
Hostess Brands Inc. will terminate its defined benefit plan, and the Pension Benefit Guaranty Corp. will assume its liabilities.