IRS Provides Sample Plan Amendment for Underfunded Pension Plan Limitations
November 29, 2011 (PLANSPONSOR.com) – The Internal Revenue Service (IRS) has issued a notice providing a sample plan amendment that...
Tag: Defined Benefit
Are Benefits of Investing in Alternatives Overstated?
November 22, 2011 (PLANSPONSOR.com) – A report from the Center for Retirement Research at Boston College suggests that for corporate...
Pension Funds’ Suit against Countrywide Certified as Class Action
November 22, 2011 (PLANSPONSOR.com) - A federal judge has certified a class action lawsuit in the case against Countrywide that...
Pension Funds Sue JPMorgan & Goldman Sachs over Misleading Statements
November 21, 2011 (PLANSPONSOR.com) - JPMorgan Chase & Co. and Goldman Sachs Group Inc. were sued by two pension funds...
Pension Risk Transfer Index Ticks Down in October
November 18, 2011 (PLANSPONSOR.com) - The Dietrich Pension Risk Transfer Index, which tracks the relative attractiveness of annuitizing pension liabilities, declined...
Benefits |
SunTrust Freezing Pension
November 18, 2011 (PLANSPONSOR.com) - SunTrust Banks will freeze its employee pension plan at the end of the year.
JPMAM: Pension Plan De-Risking an Impossible Dream
November 11, 2011 (PLANSPONSOR.com) – According to new research released by...
PwC Reveals Changes in Pension & OPEB Accounting Policies
November 9, 2011 (PLANSPONSOR.com) - During a Webcast by PwC, Ken...
Benefits |
San Francisco Voters Approve Pension Reform Prop.
November 9, 2011 (PLANSPONSOR.com) – San Francisco Mayor Ed Lee’s pension reform plan was approved by city voters on Tuesday,...
Foundations and Endowments Hit Hardest by Q3 Market Decline
November 8, 2011 (PLANSPONSOR.com) - Among institutional asset owners, not a...
Philadelphia Orchestra Asks Court to Stop Pension Fund from Harassing Donors
November 8, 2011 (PLANSPONSOR.com) – The Philadelphia Orchestra Association filed a motion last week asking the court to stop the...
Benefits |
Oregon PERS Retirees File Lawsuit to Stop Release of Pension Data
November 7, 2011 (PLANSPONSOR.com) – Public employee retirees in Oregon have filed a class-action lawsuit seeking to prevent the public...
Benefits |
NH Supreme Court Upholds Release of Pension Records
November 7, 2011 (PLANSPONSOR.com) – The New Hampshire Supreme Court has ruled that the public has a right to access...
Investment Gains Fuel Pension Funded Status Improvement in October
November 7, 2011 (PLANSPONSOR.com) – In October, Milliman, Inc.’s Pension Funding...
Benefits |
R.R. Donnelley to Freeze DB Plan
November 4, 2011 (PLANSPONSOR.com) – Printer R.R. Donnelley & Sons Co. is freezing its defined benefit plans, reports Business Insurance.
Funded Status of U.S. Pensions Rises to 74.8% in October
November 4, 2011 (PLANSPONSOR.com) - Strong asset returns and no change in liabilities in October drove a 4.7 percentage-point increase...
U.S. Pension Plan Funding Recovers in October After Record Lows
November 3, 2011 (PLANSPONSOR.com) - The aggregate deficit in pension plans sponsored by S&P 1500 companies decreased by $41 billion...
GSAM Names Pension Strategist
November 2, 2011 (PLANSPONSOR.com) – Michael Moran has joined Goldman Sachs...
Institutional Investors End Streak of Positive Returns in Q3
October 31, 2011 (PLANSPONSOR.com) - Northern Trust announced that U.S. institutional investment plan sponsors lost 9% at the median in...
Benefits |
Survey Finds Pensions Play Role in Retaining Teachers Nationwide
October 31, 2011 (PLANSPONSOR.com) - A new study suggests defined benefit pensions play a critical role in recruiting and retaining highly productive...