Towers Perrin Pension Index Sees Uptick in October
November 11, 2009 (PLANSPONSOR.com) – The Towers Perrin Pension Index saw an increase of 0.1% in October to 67.4, according...
Tag: Defined Benefit
Benefits |
U.K. News Firm Does Hard Pension Freeze
November 9, 2009 (PLANSPONSOR.com) – Faced with a pension funding deficit of 275 million pounds on a plan already...
NY Lawyer to Pay $240K to Settle Pension Fraud Charges
November 6, 2009 (PLANSPONSOR.com) - A New York lawyer accused of fraudulently receiving state pension benefits from as many as...
Oct. DB Funded Status Stays Flat
November 5, 2009 (PLANSPONSOR.com) - The funded status of pension plans sponsored by S&P 1500 companies remained flat at 80%...
Pension Funding Status Falls Back in October
November 4, 2009 (PLANSPONSOR.com) - U.S. stocks declined for the first time in eight months in October, driving down the...
Court Says Participant in Overfunded DB Plan Has no Standing
November 4, 2009 (PLANSPONSOR.com) - The 8th U.S. Circuit Court of Appeals has determined that a participant in an overfunded...
Mich. Non-Profit Group Plan Possible Distress Termination Candidate
November 2, 2009 (PLANSPONSOR.com) - The United Way for Southeastern Michigan, which faces a funding shortfall of at least $22...
ABC Contends Pension Funding Rules Cost U.S. Jobs
October 30, 2009 (PLANSPONSOR.com) - The accelerated pension funding mandates in the Pension Protection Act are costing the U.S. economy...
Funding Relief, PBGC Improvements Called for in HELP Committee Hearing
October 29, 2009 (PLANSPONSOR.com) - In testimony Thursday before the U.S. Senate Committee on Health, Education, Labor and Pensions (HELP),...
House Members Introduce Pension Funding Relief Measure
October 27, 2009 (PLANSPONSOR.com) - U.S. House Representatives Earl Pomeroy (D-North Dakota) and Pat Tiberi (R-Ohio) have introduced a bill...
Products |
Plan Provider Adds DB Administration
October 27, 2009 (PLANSPONSOR.com - CDM Retirement Consultants, Inc., a Towson, Maryland, provider of open architecture retirement plan solutions, is...
Benefits |
FMC Technologies Freezes DB Plan
October 22, 2009 (PLANSPONSOR.com) - FMC Technologies Inc. announced it has frozen its defined benefit plans and is increasing contributions...
Employer Suit in Sham Divorce Pension Scheme Dismissed
October 19, 2009 (PLANSPONSOR.com) - A civil suit by an employer accusing employees of arranging for sham divorces so the...
Benefits |
U.S. Ranked in the Middle of Global Pension Index
October 15, 2009 (PLANSPONSOR.com) - The U.S. retirement income system ranks sixth in what Mercer says is the world's first...
Pension Funded Status Sees Uptick in September
October 12, 2009 (PLANSPONSOR.com) - The net impact of strong portfolio returns and a decline in corporate bond yields was...
UK Regulators Revamp Plan Valuation Report
October 12, 2009 (PLANSPONSOR.com) - The U.K. Pensions Regulator has announced a revamped plan valuation summary form that is typically...
Benefits |
Canadian Employers to Reassess Retirement Programs
October 8, 2009 (PLANSPONSOR.com) - Over half (59%) of employers that responded to Hewitt Associates' Canadian Retirement Trends 2009 survey...
IRS Issues Final Regs for Funding Status Determinations
October 8, 2009 (PLANSPONSOR.com) - The Internal Revenue Service (IRS) has finalized rules governing single-employer minimum funding mandates as well...
Employer DB Contribs Could be $146B by 2011
October 7, 2009 (PLANSPONSOR.com) - U.S. employers will be required to contribute $89 billion into their defined benefit (DB) plans...
Strong Equity Performance No Help to Pension Plans
October 7, 2009 (PLANSPONSOR.com) - Despite six consecutive months of positive U.S. equity performance, the funded status of pension plans...