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%.
American Electric Power Co. plans to contribute a total of $101 million to its defined benefit plans in 2018.
Paccar Inc. plans to contribute up to $100 million to its defined benefit plans in 2018.
Finance students from around the world tried to solve a Canadian corporate pension plan investment problem in a contest with a C$25,000 prize.
Texas Teacher Retirement System overhauls its global equity portfolio to produce more alpha.
Defined benefit plan sponsors are facing some tough decisions.
Altria Group is offering about 8,200 former employees in its U.S. pension plan the chance to take a lump sum or early annuity payments.
The first multiemployer fund approved for a two-pronged rescue plan of benefit cuts and partitioning offers a map for other struggling funds.
Valvoline Inc. plans to contribute approximately $400 million to its U.S. qualified pension plan this year.
NISA Investment Advisors' Pension Surplus Risk index dropped another 40 basis points in July to 6.7%.
Los Angeles City Employees' Retirement System renewed Portfolio Advisors' private equity consulting contract for a year, but it was not easy.
Denver Employees Retirement Plan terminated core fixed-income manager Smith Graham & Co. Investment Advisors
Conagra Brands contributed $150 million to its U.S. pension plans.
Sears Canada agreed to continue special monthly contributions to the Sears Registered Retirement Plan until Sept. 30.
Sears Canada says it will suspend monthly contributions to the Sears Registered Retirement Plan as part of its bankruptcy restructuring, pending court approval.
Hartford Financial Services Group Inc. said it will purchase a group annuity contract from Prudential Financial to transfer $1.6 billion of its $5.6 billion in U.S. pension liabilities.
At $31 billion, GE's pension shortfall is the biggest among S&P 500 companies and it could be a costly fix for new CEO John Flannery.
Palm Beach Retirement System has terminated Mesirow Advanced Strategies from an $8 million hedge fund-of-funds portfolio.
a looming revamp of Poland's retirement fund industry is set to end the restrictions and further boost demand for the sovereign's securities.
Home Capital Group Inc.'s C$2 billion ($1.5 billion) credit line from a Canadian pension fund buys it some time as the lender faces a run on deposits that may spark a sale of the company.
Charles Van Vleet, Assistant Treasurer and CIO of Textron Inc., discusses the industrial conglomerate's defined contribution design and pension fund investments and governance.