DEFINED BENEFIT
Rhode Island treasurer wants funding disclosure for church-affiliated plans.
Some pension systems have adopted cost-sharing mechanisms, adjusting contributions or benefits, instead of simply cutting or increasing them.
Avery Dennison Corp. will terminate its $740 million U.S. defined benefit plan.
The average funding ratio of the 100 largest U.S. corporate pension plans rose 4.7 percentage points in 2017, P&I's annual analysis shows.
Fixed income had the largest share of assets in 2017 among the 100 largest corporate pension plans, at 41.2%.
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