PBGC Answers Questions on Reported Deficit
December 12, 2005 (PLANSPONSOR.com) - In response to all the concern about its reported deficit, the Pension Benefit Guaranty Corporation...
Tag: Defined Benefit (DB)
Death Benefit Decision on Illegal Immigrant Overturned
December 8, 2005 (PLANSPONSOR.com) - The administrator of a life insurance plan should not have refused to pay benefits to...
Benefits |
Study Warns DB Plan Freezing Doesn't Mitigate All Risks
December 8, 2005 (PLANSPONSOR.com) - Plan sponsors who freeze their traditional defined benefit pension plans have to fully understand the...
Benefits |
Verizon Announces Pension Plan Freeze
December 6, 2005 (PLANSPONSOR.com) - Verizon Communications Inc. has announced that it will freeze its pension plan for managers and...
Who Monitors Pensions' Money Managers?
December 1, 2005 (PLANSPONSOR.com) - US Representatives George Miller (D-California) and Edward Markey (D-Massachusetts) have asked the Government Accountability Office...
Benefits |
Garden State Pension Reform Panel Recommends Retirement Age Increase
December 1, 2005 (PLANSPONSOR.com) - A potentially controversial report by a blue-ribbon commission charged with recommending reforms to New Jersey's...
Delta Wants Union Contract Voided: Pilots Ask Judge to Step Down
November 17, 2005 (PLANSPONSOR.com) - A hearing in US Bankruptcy Court on Delta Air Lines' request to void its contract...
Benefits |
Delphi Looking for Health and Pension Benefit Freeze
October 26, 2005 (PLANSPONSOR.com) - The United Auto Workers (UAW) warned Tuesday that bankrupt Delphi Corp. wants to freeze its...
Benefits |
Sponsors Need Better Global Retirement Plan Control
October 26, 2005 (PLANSPONSOR.com) - Most global companies with multinational retirement programs don't have the typical controls in place for...
Benefits |
MA Firm Agrees to Deal in Pension Fraud Case
October 25, 2005 (PLANSPONSOR.com) - A Massachusetts property management firm has agreed to a $126,000 settlement deal to dispose of...
UK Government Tweaks Expectancy Formula
October 24, 2005 (PLANSPONSOR.com) - UK government officials have announced that they will no longer factor in the notion that...
Benefits |
DIA Finds Trend Toward 401a Plans
October 20, 2005 (PLANSPONSOR.com) - Diversified Investment Advisors Report on Retirement Plans - 2005 found increased incidence of 401(a) plans...
Senate Pension Proposal Still on "Hold"
October 17, 2005 (PLANSPONSOR.com) - Senate Majority leader Bill Frist (R-Tennessee) said he will keep working to reactivate stalled pension...
UK Pension Insurer to Consider Special Pension Contributions
October 14, 2005 (PLANSPONSOR.com) - Officials at the UK Pension Protection Fund (PPF) take into account special cash contributions made...
Benefits |
Lockheed to Close DB Plan to New Employees
October 6, 2005 (PLANSPONSOR.com) - Lockheed Martin Corp, the largest US defense company announced that new employees as of January...
Airline Pension Conflict Stalls Senate Reform Bill
October 4, 2005 (PLANSPONSOR.com) - Senator John Cornyn (R-Texas) said he has placed a "hold" - a procedural blocking action...
Benefits |
Retirement Plans Designed for Workers to Stay Put
September 29, 2005 (PLANSPONSOR.com) - An article presented by the Department of Labor's (DoL) Bureau of Labor Statistics (BLS) points...
Bill Proposes The Principal and ASPPA DB(k) Plan Concept
September 27, 2005 (PLANSPONSOR.com) - Representatives Rob Andrews (D-NJ) and Jim Nussle, (R-IA) are co-sponsoring a bill called the Small...
Court Denies Termination of United Pilot's Pension Plan
September 23, 2005 (PLANSPONSOR.com) - The US Bankruptcy Court for the Northern District of Illinois has denied the Pension Benefit...
PBGC Issues Guidance on Participant Notice of Underfunding
September 19, 2005 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) has issued informal guidance for participant notice from plan...