Large Co. Pensions Gave Back an Average 32% in 2008
February 13, 2009 (PLANSPONSOR.com) - Pension funds at large U.S. companies finished a dismal 2008 with an average 32%, or...
Tag: Defined Benefit (DB)
Funded Status of Pensions Unchanged Since December
February 12, 2009 (PLANSPONSOR.com) - The pension funded status of S&P 1500 companies at the end of January was unchanged...
Pension Program Sues over Mortgage Security Offering
February 11, 2009 (PLANSPONSOR.com) - A pension fund has filed a federal court lawsuit against Goldman Sachs and other defendants...
EBSA Releases PPA DB Disclosure Guidance
February 10, 2009 (PLANSPONSOR.com) - The U.S. Department of Labor's Employee Benefits Security Administration (EBSA) announced interim guidance for new...
New York Lawmaker Proposes Bank Bailout by Public Pensions
February 10, 2009 (PLANSPONSOR.com) - A New York Congressman has proposed allowing public pension programs to pool some of their...
Benefits |
Cincinnati Bell Will Freeze Pension, Phase Out Retiree Health
February 9, 2009 (PLANSPONSOR.com) - Cincinnati Bell said last week that it would freeze pension benefits for some management employees,...
Benefits |
Aon Freezes DB
February 6, 2009 (PLANSPONSOR.com) - Benefits consultant and insurance broker Aon Corp. is freezing its defined benefit pension plan as...
Benefits |
Multinats Taking Global Pension Management Perspective
October 2, 2008 (PLANSPONSOR.com) - With the economic turmoil now touching all parts of the globe, more than 80% of...
Pension Plan Funding Status Improves in January
February 4, 2009 (PLANSPONSOR.com) - Funding ratios at the typical U.S. corporate pension plan rebounded five percentage points in January,...
LDI Relatively Strong Performer in Downturn
February 2, 2009 (PLANSPONSOR.com) - Pension funds using liability-driven investment (LDI) strategies may not have been strongly in the black...
Raytheon Hit Hard by Pension Costs
January 30, 2009 (PLANSPONSOR.com) - The world's largest maker of missiles, Raytheon, announced its profit during the fourth quarter cratered...
Seattle Times Requesting Union Cooperation in Freezing Pensions
January 29, 2009 (PLANSPONSOR.com) - Struggling Seattle Times Co. said Wednesday it will ask some of its unionized workers to...
U.S. Pension Funds Have Lowered Expectations
January 29, 2009 (PLANSPONSOR.com) - U.S. pension funds are projecting sharply reduced investment returns from major asset classes through 2013,...
MD Pension Fund Suffers $27B 2008 Setback
January 26, 2009 (PLANSPONSOR.com) - Maryland taxpayers will have to pay an additional $215 million into the state's pension system...
Benefits |
DB Sponsors Take Inconsistent Attitude on Risk Factors
January 26, 2009 (PLANSPONSOR.com) - A MetLife survey of defined benefit plan sponsors found a surprising distance between those focusing...
2008 Sends Global Pension Assets Back in Time
January 26, 2009 (PLANSPONSOR.com) - Global institutional pension fund assets in 11 major markets shrank by approximately 19% during 2008,...
Another Union Reports Madoff Hit to Pension Funds
January 26, 2009 (PLANSPONSOR.com) - Members of Local 210 of the Laborers International Union of North America in New York...
CT Town with Madoff Losses Debates Pension Appointment
January 23, 2009 (PLANSPONSOR.com) - Recently stung by word their town public pension lost $42 million in the Bernard Madoff...
Iowa Officials Debate Pension Lottery Investments
January 23, 2009 (PLANSPONSOR.com) - State of Iowa lawmakers are debating whether to privatize the state's Lottery program or possibly...
GM Settles with SEC over Pension Accounting Charges
January 23, 2009 (PLANSPONSOR.com) - General Motors Corp. and the U.S. Securities and Exchange Commission reached a settlement Thursday over...