Avery Dennison Corp. will terminate its $740 million U.S. defined benefit plan.
Fixed income had the largest share of assets in 2017 among the 100 largest corporate pension plans, at 41.2%.
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.
American Electric Power Co. plans to contribute a total of $101 million to its defined benefit plans in 2018.
PPL Corp. contributed $145 million to its U.S. defined benefit plans in January.
Malaysia's Employees Provident Fund reported investment income of 12.95 billion ringgit ($3.06 billion) for the quarter ended Sept. 30.
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.
New mortality tables from the IRS are expected to raise premiums paid by plan sponsors to the Pension Benefit Guaranty Corp.
Texas Teacher Retirement System overhauls its global equity portfolio to produce more alpha.
International Paper Co. purchased a group annuity contract from Prudential to transfer about $1.3 billion in U.S. pension plan liabilities.
San Diego City Employees' Retirement System committed $20 million to real estate debt fund Torchlight Debt Opportunity Fund VI.
The first multiemployer fund approved for a two-pronged rescue plan of benefit cuts and partitioning offers a map for other struggling funds.
Sears Holdings Corp. purchased a second group annuity contract from MetLife to transfer about $512 million in pension liabilities.
Texas Employees' Retirement System reduced its rate of return and adopted a new asset allocation.
New Mexico Public Employees Retirement Association earned a net return of 11.13% for the fiscal year ended June 30, below its benchmark.
The first post-MPRA look at plans designated "critical and declining" shows a possible 114 plans with 1.3 million participants at risk.
Ohio State Teachers' Retirement System returned 14.29% in the fiscal year ended June 30.
Illinois Teachers' Retirement System reported a preliminary net return of 12.3% for the fiscal year ended June 30.
The $490 million Ann Arbor (Mich.) City Employees' Retirement System reported a 11.8% net return for the fiscal year ended June 30.
Philadelphia Board of Pensions and Retirement returned 12.9% net of fees for the fiscal year ended June 30.
Canada Pension Plan returned a net 1.8% in the quarter ended June 30, helping to increase its total assets to C$326.5 billion.
Kentucky Retirement Systems, Frankfort, returned a net 13.47% in the fiscal year ended June 30.
Alcoa's Paul Benjamin talks about the challenges and opportunities inherent in managing a corporate pension fund.
The PBGC's multiemployer pension plan program is likely to face insolvency by the end of 2025.
Molson Coors Brewing Co. expects to contribute between $300 million and $320 million total to its global pension plans.