Administration | March 1st, 2024 Kodak Outsources Management of Overfunded US Pension Plan NEPC will manage the outsourced assets, as Kodak considers how to 'maximize the value of the over-funding.'
Benefits | January 11th, 2024 UAW Members at GM, Stellantis to Gain Access to Hueler Lifetime Income Solutions The retirement income benefit was a bargaining chip in negotiations that included a UAW request to bring back a defined...
Benefits | January 8th, 2024 3M to Freeze US Pension Plans for Nonunion Employees Pension-eligible employees will still accrue benefits under the pension plans until the 2028 freeze date.
Benefits | December 13th, 2023 November Yields Mixed Results for Corporate Pension Funded Status According to Wilshire, November saw the largest monthly increase in liability value since it began tracking corporate pension funded status...
Benefits | December 1st, 2023 Will IBM Resurrection of Cash Balance Plan Cause a Ripple Effect? With more plan sponsors maintaining overfunded pension plans, some analysts argue that reopening a defined benefit plan, as IBM plans...
Benefits | November 13th, 2023 Higher Bond Yields Mean Higher Corporate Pension Funding Levels Some pension funding models reached their highest points in decades.
Participants | October 30th, 2023 Tentative UAW Deals See Major Benefit Increases for Workers While the United Auto Workers will not see the restoration of defined benefit pension plans, they are likely to see...
Participants | September 20th, 2023 Is the UAW’s Demand for Return of Pensions a Realistic Ask? In addition to wage increases and an end to wage tiers, the United Auto Workers are demanding the return of...
Investing | September 13th, 2023 US Corporate Pension Funding Levels Dropped in August The drop in global equities led to the first overall decline 2023.
Investing | August 14th, 2023 July Marks 4th Consecutive Month of Pension Funded Status Increases Because of a strong equity performance and a dip in liabilities in July, pension funded statuses increased once again, analyst...
Data and Research | August 7th, 2023 Government Workers Leaving Jobs Face Setbacks When Saving for Retirement The majority of state retirement systems do not provide adequate retirement savings to departing employees, according to data from the...
Products | July 27th, 2023 Investment Product and Service Launches Schwab Retirement partners with Newport, Conduent to expand DB, NQDC offerings; Franklin Templeton adds fixed-income ETF; PGIM launches new ETFs;...
Benefits | June 30th, 2023 PSNC 2023: DB Plan Design Speakers advise plan sponsors on what to consider when looking to terminate their defined benefit plans and offering lump sums...
Investing | June 13th, 2023 US Pension Funded Status Continues to Improve in May A drop in liabilities outweighed poor asset performance in May, causing funded status to modestly increase, according to firms’ analysis.
Data and Research | June 7th, 2023 Retirement Racial Wealth Gap Disproportionately Impacts Black, Hispanic Americans Debt and lack of access to a pension plan can make it especially difficult for Black and Hispanic Americans to...
Benefits | June 1st, 2023 PPG Agrees to $309M Pension Risk Transfer Deal The transaction with Legal & General and RGA is intended to secure the retirement benefits of more than 4,000 PPG...
Data and Research | May 25th, 2023 Pension Risk Transfers Continue to Skyrocket in Q1 PRT sales have broken records yet again, as the market grew another $6.3 billion in the first quarter of this...
Data and Research | May 22nd, 2023 DB Plans Report High Returns in Q1 2023 After a poor performance in 2022, defined benefit plans are reporting positive returns so far this year as bond markets...
Data and Research | May 12th, 2023 Trends Show Corporations Reducing Contributions to Pension Funds While some companies have disclosed low intended contributions to their pension plans this year, some analysts expect a reversal in...
Investing | May 10th, 2023 Pension Funded Status Improves in April Thanks to Strong Equity Performance U.S. corporate pension plans’ funded levels improved marginally in April, and many are inching toward full funding, according to analyst...