NCPERS Backs Current Discount Rate System
July 22, 2009 (PLANSPONSOR.com) - A trade group of public pension plans has come out in favor of making no...
Tag: Defined Benefit (DB)
Benefits |
# of Fortune 1000 Firms Freezing Pensions Still Growing
July 22, 2009 (PLANSPONSOR.com) -The number of Fortune 1000 firms with frozen pension plans increased again this year as companies...
CalPERS Loses Nearly a Quarter of Assets in a Year
July 21, 2009 (PLANSPONSOR.com) - The California Public Employees' Retirement System (CalPERS) released its preliminary 2008-09 investment performance, noting a...
Declining Bond Yields Clip Pension Funding in June
July 20, 2009 (PLANSPONSOR.com) - Despite modest equity market increases, a decline in bond yields led to a decline in...
Bankrupt Newspaper Co. Misses Pension Payments
July 20, 2009 (PLANSPONSOR.com) - The bankrupt Sun-Times Media Group Inc. did not submit more than $800,000 in required quarterly...
Benefits |
Calif. Pension Reform Plan Put Aside in Budget Talks
July 17, 2009 (PLANSPONSOR.com) - California officials have apparently decided against a proposal by Governor Arnold Schwarzenegger to institute a...
Deloitte Estimates FTSE 100 Pension Gap Has Doubled
July 17, 2009 (PLANSPONSOR.com) - A new Deloitte estimate indicates that the combined pension funding shortfall at FTSE 100 companies...
Benefits |
Delphi Retirees Try to Block PBGC Takeover
July 17, 2009 (PLANSPONSOR.com) - A retiree group at bankrupt auto parts supplier Delphi Corp. has gone into federal court...
States Unsure of How to Fund OPEB Liabilities
July 15, 2009 (PLANSPONSOR.com) - States have unfunded liabilities for retiree health care of about $558 billion, according to a...
Benefits |
IBM Considering Closure of UK Pension Scheme
July 9, 2009 (PLANSPONSOR.com) - IBM is consulting on the closure of its final-salary pension scheme to current members of...
June Sees Growing DB Funding Shortfall
July 8, 2009 (PLANSPONSOR.com) - After several months of record high credit spreads, falling yields on corporate bonds and rising...
UBS Pension Data Shows Q209 Funding Ratio Decline
July 6, 2009 (PLANSPONSOR.com) - The typical U.S. pension fund started the second quarter with a funding ratio of approximately...
Benefits |
Delta Sued over Pension Calc Changes
July 6, 2009 (PLANSPONSOR.com) - A Delta Air Lines flight attendant has sued the carrier over allegations Delta improperly adopted...
Benefits |
Schwarzenegger Proposes Pension, Retiree Health Care Cutbacks
June 30, 2009 (PLANSPONSOR.com) - With California facing a $24.3-billion shortfall, Governor Arnold Schwarzenegger has proposed a new system for...
Telecom Sector Credit Ratings May be Affected by Pension Contributions
June 29, 2009 (PLANSPONSOR.com) - In a recently released special report, Fitch Ratings says the U.S. telecom sector may experience...
Lawyers Sue over NY Benefits Cutoff
June 22, 2009 (PLANSPONSOR.com) - The controversy over Long Island, New York, private lawyers being cut off from collecting some...
DC Spending Pulls Ahead of DB Spending
June 15, 2009 (PLANSPONSOR.com) - For the first time, employers' median spending on defined contribution (DC) benefits in 2008 topped...
Canadian Govt. Helps Employers with Pension Shortfalls
June 15, 2009 (PLANSPONSOR.com) - New rules giving some Canadian companies more time to make up pension funding shortfalls have...
Products |
Psychiatric Care Facility Taps MassMutual as Bundled 403(b)/DB Provider
June 12, 2009 (PLANSPONSOR.com) - MassMutual's Retirement Services Division has been selected by The Austen Riggs Center, based in Stockbridge,...
Riverstone Pays $30M, Agrees to New Conduct Code
June 12, 2009 (PLANSPONSOR.com) - A second private equity firm has hashed out a settlement with New York state Attorney...