November 1, 2012 (PLANSPONSOR.com) - The Police and Fire Retirement System for the City of Detroit is suing investment adviser Michael Abraham Leibowitz.
October 26, 2012 (PLANSPONSOR.com) - For today’s frozen defined benefit (DB) plans, the question is not if they will settle—it’s more about “how” or “when.”
October 26,2012 (PLANSPONSOR.com) – The Illinois Teachers’ Retirement System (TRS) investments rate of return dropped from 23.6% last year to 0.76% for fiscal year 2012.
October 25, 2012 (PLANSPONSOR.com) – The investment allocation of individual retirement accounts (IRAs) varies according to several factors, but the difference between genders is minimal.
October 22, 2012 (PLANSPONSOR.com) – An official with the New York City Deferred Compensation Plan says a report about its target-date funds fails to take into consideration the...
October 19, 2012 (PLANSPONSOR.com) – The low interest rate environment made it the right time for Verizon to transfer some pension risk, a company spokesman told PLANSPONSOR.
October 19, 2012 (PLANSPONSOR.com) – In the wake of moves by several large companies to de-risk their defined benefit (DB) plans, the Pension Rights Center (PRC) is...
October 18, 2012 (PLANSPONSOR.com) – An audit report claims the U.S. Postal Service (USPS) is overpaying into the Federal Employee Retirement System (FERS) because its employees’ circumstances differ...
October 18, 2012 (PLANSPONSOR.com) – During the past year, the 100 largest U.S. public pension plans reported an aggregate underfunding of $0.895 trillion and funded ratio of 75.1%.
October 18, 2012 (PLANSPONSOR.com) – The Prudential Insurance Company of America has signed an agreement with Verizon Communications Inc. to transfer approximately $7.5 billion of the Verizon...
October 17, 2012 (PLANSPONSOR.com) – Amid market volatility, the changing role of defined contribution (DC) retirement plans, a shrinking work force and longer life expectancy, plan sponsors must...
October 15, 2012 (PLANSPONSOR.com) – Employee stock ownership plan (ESOP) companies saw an economic upturn in 2011, with continued increased share value, support among company leaders and better...
October 11, 2012 (PLANSPONSOR.com) – Friends Fiduciary Corporation (FFC), which manages assets for U.S. Quakers, has divested from three companies due to concerns about ties with the Israeli...
October 10, 2012 (PLANSPONSOR.com) – The Art Institute of Chicago is selling about $100 million of taxable and tax-exempt bonds partly to shore up unfunded pension obligations.
October 9, 2012 (PLANSPONSOR.com) – A white paper from Rocaton Investment Advisors suggests market conditions combined with recently passed pension funding relief justifies a new look at liability-driven...