Congress Focuses on Delphi Bankruptcy’s Impact on Workers, Retirees
November 27, 2009 (PLANSPONSOR.com) - The U.S. House Education and Labor Committee will conduct a hearing next Wednesday...
Tag: Defined Benefit (DB)
GOP Reps. Demand Pension Disclosures
November 23, 2009 (PLANSPONSOR.com) – Two U.S. House members demanded that Secretary of Labor Hilda Solis give workers immediate access...
Actuary Puts Large-Company Pension Shortfall at $329B
November 23, 2009 (PLANSPONSOR.com) – The financial crisis saddled the world's 100 largest companies with a record 220 billion euro...
Institutional Investors Had a Good Third Quarter
November 23, 2009 (PLANSPONSOR.com) - According to Mercer’s Summary Performance of US Institutional Portfolios, the median corporate plan had a...
Canadian DB Sponsors not Optimistic for the Future
November 23, 2009 (PLANSPONSOR.com) – A survey from RBC Dexia Investor Services reveals that 89% of defined benefit plan sponsors...
GAO Report Examines Executive Comp Practices at Firms with Underfunded Pensions
November 20, 2009 (PLANSPONSOR.com) – A new report from the Government Accountability Office (GAO) has some legislators talking...
Products |
DATAIR Releases PPA Windows Valuation System for Defined Benefit Plans
November 19, 2009 (PLANSPONSOR.com) - DATAIR has announced the latest release of its DB System, described as the...
Benefits |
Regions Reinstates Retirement Benefits
November 18, 2009 (PLANSPONSOR.com) – Regions Financial Corp. chief executive Dowd Ritter told employees the bank will restore its 401(k)...
Benefits |
Struggling Refiner Reveals Pension, Retiree Health Cutbacks
November 13, 2009 (PLANSPONSOR.com) - Philadelphia refiner Sunoco announced it will freeze its defined benefit pension plans for most...
Benefits |
New York Times is Freezing Pension Plan
November 12, 2009 (PLANSPONSOR.com) - The New York Times Company has amended The New York Times Companies Pension Plan, a...
Benefits |
Mercer Identifies Challenges for Multinats' Benefits Programs
November 12, 2009 (PLANSPONSOR.com) - In a new report, Mercer identifies key considerations for multinational employers when formulating their benefit...
Towers Perrin Pension Index Sees Uptick in October
November 11, 2009 (PLANSPONSOR.com) – The Towers Perrin Pension Index saw an increase of 0.1% in October to 67.4, according...
Benefits |
U.K. News Firm Does Hard Pension Freeze
November 9, 2009 (PLANSPONSOR.com) – Faced with a pension funding deficit of 275 million pounds on a plan already...
NY Lawyer to Pay $240K to Settle Pension Fraud Charges
November 6, 2009 (PLANSPONSOR.com) - A New York lawyer accused of fraudulently receiving state pension benefits from as many as...
Oct. DB Funded Status Stays Flat
November 5, 2009 (PLANSPONSOR.com) - The funded status of pension plans sponsored by S&P 1500 companies remained flat at 80%...
Pension Funding Status Falls Back in October
November 4, 2009 (PLANSPONSOR.com) - U.S. stocks declined for the first time in eight months in October, driving down the...
Court Says Participant in Overfunded DB Plan Has no Standing
November 4, 2009 (PLANSPONSOR.com) - The 8th U.S. Circuit Court of Appeals has determined that a participant in an overfunded...
Mich. Non-Profit Group Plan Possible Distress Termination Candidate
November 2, 2009 (PLANSPONSOR.com) - The United Way for Southeastern Michigan, which faces a funding shortfall of at least $22...
ABC Contends Pension Funding Rules Cost U.S. Jobs
October 30, 2009 (PLANSPONSOR.com) - The accelerated pension funding mandates in the Pension Protection Act are costing the U.S. economy...
Funding Relief, PBGC Improvements Called for in HELP Committee Hearing
October 29, 2009 (PLANSPONSOR.com) - In testimony Thursday before the U.S. Senate Committee on Health, Education, Labor and Pensions (HELP),...