Rhode Island Employees' Retirement System plans to consolidate private equity and opportunistic private credit investments.
The PBGC reached a settlement with a multiemployer pension fund and contributing grocery employers to delay its projected insolvency.
The wake of COVID-19 and Congress' recent failure to achieve multiemployer pension reform could mean a boost for variable pension plans.
The Pension Benefit Guaranty Corp.'s single employer and multiemployer programs improve, but the latter is still at risk of insolvency.
McClatchy Co. expects to transfer its defined benefit plan to the Pension Benefit Guaranty Corp. as part of a court-supervised sale.
Company and union officials ironed out difficult pension issues to achieve a pact that averted a strike at the two grocery chains.
An attempt by a musicians union pension fund to reduce benefits affects one group more than others and should be denied, advocates said.
Good news for the PBGC’s single employer program is just giving plan sponsors other things to worry about, particularly in Washington.
McClatchy Co. is discussing having the PBGC take over its pension plan as it struggles with a liquidity crisis.
PBGC is taking over two pension plans sponsored by Verity Health System of California, a bankrupt non-profit being acquired by KPC Group.
Public pension system officials should consider variable benefit or variable contribution arrangements to add flexibility and share risk.
States and local governments are doing a better job of making required annual contributions as part of a shift toward better management.
Puerto Rico's oversight board reached an agreement with bondholders to restructure $35 billion in debt.
Some fund managers dealing with building trades pension funds do better than others when it comes to connecting pension fund assets and union jobs.
The recession triggered an unprecedented number and magnitude of public pension reforms that offer lessons and cautions for future efforts.
The number of multiemployer pension plans in crisis continues to grow, according to an analysis by Cheiron.
Pension plan sponsors are keeping an eye on Nov. 1, when new actuarial standards on pension obligation risk assessment begin.
Union leaders are applauding the $13 billion plan to update New York's JFK airport as a double win for their pension funds.
Better investment returns and funding improvements didn't make much of a dent in funding ratios of public pension plans.
A bid by Metro to switch new hires to a 401(k) plan was left out of a contract with its largest union.
North Carolina Retirement Systems returned 7.3% for fiscal year 2018, topping its benchmark
Four more multiemployer pension funds have applied to reduce benefits in order to avoid insolvency.
Some employers support creating a federal loan program to help struggling multiemployer pension funds.
Teamsters Central States, Southeast and Southwest Areas Pension Fund has made limited progress on its funding level because of industry and market changes.
The Financial Oversight and Management Board for Puerto Rico recertified a fiscal plan for the commonwealth that includes pension reforms.