PBGC Explains Overpayments to Bethlehem Steel Retirees
November 8, 2007 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) met with a group of former Bethlehem Steel workers...
Tag: Defined Benefit (DB)
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Milliman Launches New Financial Projection Software
November 5, 2007 (PLANSPONSOR.com) - Milliman, Inc. has released the newest version of its MG-ALFA financial projection software.
BNY Mellon: Pension Assets Matched Liabilities in October
November 5, 2007 (PLANSPONSOR.com) - Asset values at typical U.S. defined benefit plans kept pace with rising liabilities in October,...
Business Groups Back PPA Pension Funding Rules Delay
November 5, 2007 (PLANSPONSOR.com) - Eight business groups, including several players in the retirement services industry, have expressed their support...
Benefits |
NY Life Suit Approaches End with $14M Settlement Pact
October 29, 2007 (PLANSPONSOR.com) - New York Life Insurance Company has agreed to a $14-million settlement of a long-running legal...
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John Hancock Unveils DB Product
October 25, 2007 (PLANSPONSOR.com) - John Hancock Retirement Plan Services (JHRPS) has launched a defined benefit program, the company announced.
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State Street Unwraps Liability Modeling Product
October 25, 2007 (PLANSPONSOR.com) - State Street Corporation announced it has introduced a liability modeling product which allows customers to...
Benefits |
Survey Finds More Sponsors Planning DB Plan Changes
October 24, 2007 (PLANSPONSOR.com) - A new national survey from Wells Fargo & Company's employee benefits consulting group, BPS&M, indicates...
Watson Wyatt: Canadian Pension Flying High
October 23, 2007 (PLANSPONSOR.com) - Funded ratios at Canadian pensions have reached their highest levels in more than five years,...
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Russell Strategic Review Provides DB Plan Analyses
October 22, 2007 (PLANSPONSOR.com) - Russell Investment Group has launched a new asset allocation process that enables defined benefit plan...
Benefits |
Traditional DB to 'Account-Based Plans' Trend Could Soon Ease
October 15, 2007 (PLANSPONSOR.com) - A new report from the Vanguard Center for Retirement Research suggests the current trend away...
Benefits |
RI: Switch to DC Scheme Comes with Hefty Price Tag
October 15, 2007 (PLANSPONSOR.com) - Shifting the Rhode Island retirement system to a defined contribution plan would cost taxpayers $151.5...
IRS Issues Guidance on Yield Curve to be Used for PPA Funding Rules
October 9, 2007 (PLANSPONSOR.com) - The Treasury Department and the Internal Revenue Service (IRS) on Tuesday issued a notice providing...
Supreme Court Seeks Comment on AT&T Anti-Cutback Rule Case
October 2, 2007 (PLANSPONSOR.com) - The U.S. Supreme Court has asked the Solicitor General's office to comment on an appeal...
Beneficiary Status Revoked Upon Divorce in South Dakota
September 28, 2007 (PLANSPONSOR.com) - The South Dakota Supreme Court ruled Thursday that a man who was the beneficiary of...
Benefits |
DB Plan Sponsors Taking Wait and See Approach to PPA Impact
September 28, 2007 (PLANSPONSOR.com) - Though many predicted the requirements of the Pension Protection Act and Financial Accounting Standards Board...
Products |
UK Company Offering Partial Pension Buyout Service
September 26, 2007 (PLANSPONSOR.com) - A new U.K. company Occupational Pensions Trust (OPT) has set out to capitalize on the...
U.K. Pensions Regulators Worried About Late Deficit Funding Reports
September 26, 2007 (PLANSPONSOR.COM) - The U.K. pension authority said Wednesday it was concerned by the number of employers who...
Benefits |
State Street Does DB to 401(k) Switch with Auto Enroll, Deferral Hikes
September 25, 2007 (PLANSPONSOR.COM) - State Street Corp. has announced plans to freeze its pension plan for its 15,000 workers...
Benefits |
Undervaluing of SD Pension Perk Could Hurt Retirees
September 24, 2007 (PLANSPONSOR.com) - The San Diego pension board's undervaluing of an employee perk could mean that current and...