IRS Expands PPA Transition Relief for Certain Small Plans
September 3, 2008 (PLANSPONSOR.com) - The Internal Revenue Services has issued Notice 2008-73 expanding transitional relief on some funding requirements...
Tag: Defined Benefit (DB)
Benefits |
Boeing Agrees to Keep Pension
August 27, 2008 (PLANSPONSOR.com) - The Boeing Co.'s second contract proposal to the Machinists union does not include its request...
Plans See Negative Returns in Q208
August 14, 2008 (PLANSPONSOR.com) - The median corporate, public and foundation/endowment plan experienced negative investment results for the second quarter...
Benefits |
DB Plans Cost Less than DC Plans
August 14, 2008 (PLANSPONSOR.com) - The economic efficiencies inherent in a defined benefit retirement plan makes it a less costly...
Regulators Lay out Rules on Pension Transfers
August 6, 2008 (PLANSPONSOR.com) - While declaring that employers cannot transfer their pension plans to an unrelated entity without moving...
AT&T Agrees on Settlement of Pension Miscalculation Suit
July 30, 2008 (PLANSPONSOR.com) - Attorneys representing a class of participants in the AT&T Pension Plan announced a settlement agreement...
Xerox Retiree Not Entitled to Benefits Computation Do-Over
July 29, 2008 (PLANSPONSOR.com) - A federal judge in New York has rebuffed a Xerox Corp. employee's challenge of the...
GA Fund Turns to New Executive
July 24, 2008 (PLANSPONSOR.com) - The Employees Retirement System (ERS) of Georgia Board of Trustees earlier this month tapped Pamela...
PBGC Makes Deal with Metal Company to Reduce Risk
July 24, 2008 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) announced an agreement with Norwegian-owned Elkem Metals Inc. that...
Benefits |
One Fifth of DB Participants Had Plans Frozen
July 21, 2008 (PLANSPONSOR.com) - More than one fifth of active defined benefit plan participants have had their plans frozen...
UK Pension Officials Delay Longevity Rules
July 21, 2008 (PLANSPONSOR.com) - The U.K. Pensions Regulator is delaying the introduction of changes to the way longevity is...
Canadian High Court Upholds Mandatory Retirement Arrangements
July 21, 2008 (PLANSPONSOR.com) - The Supreme Court of Canada has ruled that companies with mandatory retirement policies are immune...
Benefits |
Public Pensions in Good Shape to Meet Liabilities
July 10, 2008 (PLANSPONSOR.com) - A new Government Accountability Office (GAO) report indicates most state and local government pension plans...
PPA Change Bill Includes Smoothing Provision
June 30, 2008 (PLANSPONSOR.com) - New Congressional legislation in the form of a Pension Protection Act technical corrections bill would...
Benefits |
Anheiser Busch Memo Announces Benefit Changes
June 30, 2008 (PLANSPONSOR.com) - Anheuser-Busch Cos Inc. plans to change the formula used to calculate lump sum pension benefits...
Benefits |
Seven in 10 DC-Area Employers Offer 401(k) Plans
June 30, 2008 (PLANSPONSOR.com) - Employers in the Washington, D.C.-Baltimore area reported in a survey that defined contribution programs represent...
Benefits |
Nortel Hit with DB Freeze Suit
June 26, 2008 (PLANSPONSOR.com) - A group of Nortel Networks employees not grandfathered into the company's defined benefit plan when...
Benefits |
Media Co. Gannett to Freeze DB Plan
June 12, 2008 (PLANSPONSOR.com) - Media giant Gannett Co. has joined the ranks of employers who have frozen their defined...
Benefits |
HSBC Proposes U.K. Pension Changes
June 10, 2008 (PLANSPONSOR.com) - HSBC is proposing changes to the pensions of its 58,000 staff in Britain, who could...
U.S. High Court Rebuffs AT&T Pension Suit Appeal
June 9, 2008 (PLANSPONSOR.com) - The U.S. Supreme Court on Monday turned away an appeal by AT&T of a lower...