Pension Funding Deficits Grew $59B in 2012
July 3, 2012 (PLANSPONSOR.com) - The aggregate deficit in pension plans sponsored by S&P 1500 companies grew $59 billion in the first half of this year, to $543...
Administration
DB Sponsors Have Incentive to Keep Plans Well Funded
July 2, 2012 (PLANSPONSOR.com) – New pension rules will reduce defined benefit (DB) plan sponsors’ near-term required contributions, but will also raise premiums to the PBGC (Pension Benefit...
Congress Passes Bill with Pension Funding Relief
June 29, 2012 (PLANSPONSOR.com) – Congress has given final approval to a bill that includes provisions that would give defined benefit plan sponsors some funding relief.
Public Pensions Post Record Earnings in Q1
June 29, 2012 (PLANSPONSOR.com) - For the 100 largest public-employee retirement systems in the country, earnings on investments totaled $179.2 billion in Q1, according to U.S. Census Bureau...
Foundation and Charity Returns Negative in 2011
June 29, 2012 (PLANSPONSOR.com) - Two companion studies of the nonprofit sector show that investment returns were slightly negative in FY2011 after rising in the range of 12%...
Public Pension Reforms Help Improve Finances
June 28, 2012 (PLANSPONSOR.com) - The Center for State and Local Government Excellence’s review of pension plan reforms made by five state and local governments finds improved pension...
CalPERS Buys Stake in Real Estate Investment Adviser
June 27, 2012 (PLANSPONSOR.com) - The California Public Employees’ Retirement System (CalPERS) became a one-third owner in one of North America’s largest real estate investment advisers.
State Pension Funding Levels Recovering
June 22, 2012 (PLANSPONSOR.com) - U.S. states' pension funded levels are gradually recovering from their fall in 2010, according to Standard & Poor's Ratings Services' annual survey.
NCPERS Says Pew Report Flawed – Again
June 22, 2012 (PLANSPONSOR.com) – The National Conference on Public Employee Retirement Systems (NCPERS) has dismissed a Pew Center report about public pension funding as flawed and out...
Pension Funding Stabilization Not Long-Term Cure
June 19, 2012 (PLANSPONSOR.com) – Pension funding stabilization provisions of a bill currently going through Congress would provide pension plan sponsors some short-term relief, but would not address...
Institutional Investors Warming Up to Alternatives
June 19, 2012 (PLANSPONSOR.com) - There’s been an uptick in global demand for alternative investments to support diversification and alpha generation, according to the 2012 Global Survey on...
Most TDFs Employ a “Through” Glidepath
June 18, 2012 (PLANSPONSOR.com) – More than six in 10 target-date funds (63.6%) surveyed by Callan employ a glidepath managed “through” retirement.
Nursing Home Stays Deplete Seniors’ Assets
June 15, 2012 (PLANSPONSOR.com) – There are large differences in wealth levels between seniors who enter a nursing home and those who do not.
New York City Pension Funds Sue Wal-Mart
June 12, 2012 (PLANSPONSOR.com) - A group of New York City pension funds is suing current and former Wal-Mart executives over an alleged bribery scheme.
CalSTRS Expands Private Equity Program
June 12, 2012 (PLANSPONSOR.com) - The California State Teachers' Retirement System (CalSTRS) announced a $250 million expansion of its New and Next Generation Private Equity Manager Program with...
Pension Risk Transfer More Attractive with Increased Annuity Value
June 12, 2012 (PLANSPONSOR.com) - The Dietrich Pension Risk Transfer Index rose more than two points from its prior month’s level of 89.59 and currently sits at 91.66 as of...
Public Pensions Are Solidly Funded
June 11, 2012 (PLANSPONSOR.com) - State and local pension funds remain solidly funded, a study suggests.
PSNC 2012: Liability-Driven Investing
June 11, 2012 (PLANSPONSOR.com) – Clients that implemented liability-driven investing (LDI) before the recent financial crisis did not have the vast decline in funded status as others, noted...
PSNC 2012: Five Things to Know About Pension Risk Transfer
June 8, 2012 (PLANSPONSOR.com) – As more employers look to reduce risk from their defined benefit (DB) plans, there are some things they need to know.
529 Plan Assets Increase in Q1 2012
June 6, 2012 (PLANSPONSOR.com) -Total 529 college savings plan assets were an estimated $158.3 billion in Q1 2012, according to data from Financial Research Corporation (FRC), a division...