Aggregate Pension Plan Deficit Grows in May
June 4, 2012 (PLANSPONSOR.com) – Pension plan funding gains in the first quarter were wiped out in April and May, according to a report from Mercer.
Administration
GM Transfers Some Pension Risk
June 1, 2012 (PLANSPONSOR.com) - General Motors Co. will offer lump-sum payments to select U.S. salaried retirees.
Md. Retirement System Joins Vote Against Wal-Mart Board
May 31, 2012 (PLANSPONSOR.com) – The Maryland State Retirement and Pension System will vote against the election of the entire board of Wal-Mart Stores.
Alternatives Still Used, but Growth Diminishing
May 29, 2012 (PLANSPONSOR.com) – Institutional investors and financial advisers continue to use alternative investments, but the growth of their use has begun to slow.
ASPPA Asks for Elective Pension Funding Modifications
May 25, 2012 (PLANSPONSOR.com) - The American Society of Pension Professionals & Actuaries (ASPPA) sent lawmakers a letter of support for modifying pension funding rules to adjust for...
Majority of Americans Unfamiliar with 529 Plans
May 24, 2012 (PLANSPONSOR.com) – Sixty-two percent of Americans have no idea what a 529 college saving plan is, according to a survey released by financial services firm...
Conn. Treasurer to Vote Against Wal-Mart Board
May 24, 2012 (PLANSPONSOR.com) - Connecticut State Treasurer Denise L. Nappier is following other state pension fund leaders in rallying against board members at Wal-Mart Stores.
TDF Investors Need Better Graphics and Data
May 22, 2012 (PLANSPONSOR.com) - Several Morningstar divisions sent a letter to the Securities and Exchange Commission (SEC) urging the regulator to require target-date series to provide...
Actuaries Make Suggestions for Stabilizing Pension Funding
May 22, 2012 (PLANSPONSOR.com) – The American Academy of Actuaries has sent letters to lawmakers with suggestions for legislation to stabilize required pension plan contributions.
Mercer Asks Congress for Pension Funding Reforms
May 21, 2012 (PLANSPONSOR.com) – Mercer is concerned about the significant increase in pension funding requirements driven by historically-low interest rates.
More Multiemployer Pension Plans Fall Out of Green Zone
May 21, 2012 (PLANSPONSOR.com) - Results of Segal’s latest zone-status survey of multiemployer pension plans show that they are still facing formidable funding challenges.
Pension Risk Transfer Affordability Unchanged
May 18, 2012 (PLANSPONSOR.com) - The Dietrich Pension Risk Transfer Index, which tracks the relative attractiveness of annuitizing pension liabilities, was nearly unchanged from its prior month’s level...
Group Offers Guidelines for Public Pension Disclosure Obligations
May 18, 2012 (PLANSPONSOR.com) – The National Association of Bond Lawyers (NABL) has published guidelines for state and local government disclosure obligations when offering bonds to the market.
Institutional Investors Find New Uses for ETFs
May 16, 2012 (PLANSPONSOR.com) - Institutional investors are finding increasingly strategic uses for exchange-traded funds (ETFs), according to a study from Greenwich Associates.
Plan Sponsors More Interested in Sustainable Investing
May 10, 2012 (PLANSPONSOR.com) - Sustainable investing is gaining more interest from investors and plan sponsors.
Positive Q1 Returns for U.S. Master Trust Universe
May 10, 2012 (PLANSPONSOR.com) - The median return of the BNY Mellon U.S. Master Trust Universe was 7.12% for the first quarter of 2012.
U.S. Pension Funding Status Slips in April
May 9, 2012 (PLANSPONSOR.com) - The funded status of the typical U.S. corporate pension plan in April fell 3.5 percentage points to 76.3%—the first decline in 2012, according...
TDF Glidepaths Change Little in 2011
May 8, 2012 (PLANSPONSOR.com) – It was a relatively quiet year on the target-date fund glide path front—at least as far as major equity/fixed-income changes go, according to...
Public Pensions Struggle to Make Required Contributions
May 7, 2012 (PLANSPONSOR.com) – An issue brief from the Center for State and Local Government Excellence looks at the effects of the 2008-2009 stock market decline on...
CalSTRS Seeking Changes in Wal-Mart’s Corporate Governance
May 4, 2012 (PLANSPONSOR.com) - The California State Teachers' Retirement System (CalSTRS) is suing Wal-Mart Stores Inc. executives and board members.