Compliance | November 4th, 2013 PBGC Takes Plan of Pa. Animal Feed Mill November 4, 2013 (PLANSPONSOR.com) – The Pension Benefit Guaranty Corporation (PBGC) is taking over the retirement plan of a Lancaster,...
Administration | November 4th, 2013 Institutional Investors See Positive Returns in Q3 November 4, 2013 (PLANSPONSOR.com) – Double digit extended U.S. and international equity returns powered the third quarter for all institutional...
Administration | November 4th, 2013 Funded Status of Corporate Pensions Up in October November 4, 2013 (PLANSPONSOR.com) – The funded status of U.S. corporate pensions rose to 91.8% in October, according to BNY...
Administration | November 1st, 2013 CalPERS Files Amicus Brief in San Bernardino Tax Dispute November 1, 2013 (PLANSPONSOR.com) - The California Public Employees’ Retirement System (CalPERS) filed an amicus brief in support of two...
Compliance | November 1st, 2013 Suit by Xerox Retiree Partially Dismissed November 1, 2013 (PLANSPONSOR.com) – A U.S. district court in New York ruled a plaintiff can proceed with a claim...
Administration | November 1st, 2013 Second Pension Suit Filed by Montana Public Employees November 1, 2013 (PLANSPONSOR.com) – Cutbacks in inflation-related benefit increases passed by Montana lawmakers form the target of a second...
Compliance | October 30th, 2013 Improvements Needed for Multiemployer Pension System October 30, 2013 (PLANSPONSOR.com) – While attendees of a U.S. House subcommittee hearing agreed that the U.S. multiemployer pension system...
Products | October 30th, 2013 BNP Offers U.S. TIPS to DC, DB Plans October 30, 2013 (PLANSPONSOR) – BNP Paribas Investment Partners Trust Company added a share class to offer employer-sponsored retirement plans...
Compliance | October 28th, 2013 Small Pension Plans and Mortality Tables October 28, 2013 (PLANSPONSOR.com) – The American Society of Pension Professionals & Actuaries (ASPPA) recently made several recommendations to the...
Compliance | October 25th, 2013 Japanese Firm Ruled Liable for U.S. Subsidiary Pension Obligations October 25, 2013 (PLANSPONSOR.com) – A Japanese firm that purchased the now-defunct U.S.-based Metaldyne Corporation has been found liable for...
Compliance | October 25th, 2013 PBGC Cannot Force Termination of Pension Plan October 25, 2013 (PLANSPONSOR.com) – A district court has decided the Pension Benefit Guaranty Corporation (PBGC) cannot force termination of...
Deals and People | October 23rd, 2013 USI Consulting Hires Senior Actuarial Consultant October 23, 2013 (PLANSPONSOR.com) – USI Consulting Group has hired Heidi Kruck as a senior actuarial consultant in its Defined...
Administration | October 22nd, 2013 Pension Administrators Confident About Their Funds October 22, 2013 (PLANSPONSOR.com) – Public pension plan administrators are more confident about the sustainability of their funds and readiness...
Compliance | October 18th, 2013 Court Denies Terminated Employees’ Claim for Pensions October 18, 2013 (PLANSPONSOR.com) – A federal appellate court found former employees’ reliance on a statement they would be eligible...
Administration | October 18th, 2013 Pension Risk Transfer Attractiveness Increases October 18, 2013 (PLANSPONSOR.com) – The Dietrich Pension Risk Transfer (PRT) Index increased again during September, growing from 94.77 to...
Administration | October 17th, 2013 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%,...
Administration | October 17th, 2013 Pension Plans Betting on Interest Rates October 17, 2013 (PLANSPONSOR.com) – While some experts foresee rising interest rates as a boon to pension plan investments, others...
Benefits | October 15th, 2013 DC Plans Have Advantages over DB Plans October 15, 2013 (PLANSPONSOR.com) – A best-practice defined contribution (DC) plan can provide secure retirement income at equivalent cost to...
Administration | October 14th, 2013 Pension Annuity Prices Level Entering September October 14, 2013 (PLANSPONSOR.com) – The cost of purchasing annuities for retirees’ pension liabilities remained largely unchanged during August, with...
Administration | October 14th, 2013 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...