Administration

Administration |

Cost of Annuities Rose in September

October 17, 2013 (PLANSPONSOR.com) – The cost of purchasing annuities from an insurer rose in September from 108.8% to 108.9%, according to the Mercer U.S. Pension Buyout Index.
Administration |

Lawsuit Challenges Montana Pension Reform

October 14, 2013 (PLANSPONSOR.com) – A lawsuit has been filed against the state of Montana, claiming cost-saving cuts to pension payments are unconstitutional, according an Associated Press news...
Administration |

Pension Funded Status Crosses 90%

October 3, 2013 (PLANSPONSOR.com) – The funded status of U.S. corporate pensions rose to 91% in September, according to BNY Mellon Investment Strategy & Solutions Group (ISSG).
Administration |

Pension Funding Up 4% in Q3

October 2, 2013 (PLANSPONSOR.com) – The Chicago-based Legal & General Investment Management America, Inc. (LGIMA) estimates pension funding increased 4% in the third quarter.
Administration |

Retirement Assets Grew 1% in Q2

October 2, 2013 (PLANSPONSOR.com) – Total U.S. retirement assets were $20.9 trillion as of June 30, according to a recent analysis from the Investment Company Institute (ICI).