Prudential Financial Inc. plans to contribute about $185 million to its defined benefit plans this year.
Consolidated Edison Inc. expects to contribute $480 million to its pension plans in 2021, with the bulk going to a single plan.
New York State Teachers' Retirement System renewed two consultant contracts and 10 manager contracts. Each was renewed for one year.
Pfizer Inc., New York, expects to contribute a total of $355 million to its global pension plans this year.
Consolidated Edison Inc., New York, expects to make contributions of $332 million to its U.S. pension plans this year.
New York City Retirement Systems' five pensions settled a lawsuit with TransDigm, enabling the funds' shareholder proposal to be considered.
The New York City Retirement Systems issued an RFP for one or more private equity investment consultants.
A series of recent departures by large public plan CIOs represents cyclical turnover, experts say.
Chavon Sutton was named director of diversity and inclusion for the New York City comptroller's Bureau of Asset Management.
MetLife Inc. will make a contribution this year of $150 million to its U.S. pension plan and $70 million to its U.S. non-qualified plans.
A New Jersey state senator was scheduled to introduce a bill preventing the New Jersey Pension Fund from investing in gun manufacturers.
PepsiCo Inc. has made a $750 million discretionary contribution to its U.S. pension plans and expects to add another $650 million in Q1.
Members of the Plan Sponsor Council of America overwhelmingly agree to join the American Retirement Association.