DiNapoli Sues Aldus over Pay-to-Play Scheme
May 6, 2009 (PLANSPONSOR.com) - New York state Comptroller Thomas P. DiNapoli has sued beleaguered money manager Aldus Equity Partners...
Tag: Defined Benefit
CT's Nappier Adds Third-Party Manager Disclosures
May 4, 2009 (PLANSPONSOR.com) - The probe into potential pay-to-play misdeeds at the New York Common Retirement Fund continued to...
Benefits |
Air Canada Asks Unions for Moratorium on Pension Funding
May 4, 2009 (PLANSPONSOR.com) - Air Canada announced it is seeking support from its unions for "a moratorium and other...
LACERS Enacts Paid Agent Disclosure Rules
May 1, 2009 (PLANSPONSOR.com) - Officials at the Los Angeles City Employees' Retirement System (LACERS) stopped short of a total...
U.K. Pension Deficit Could Top $178B
May 1, 2009 (PLANSPONSOR.com) - April pension deficit figures for Britain's largest 200 firms could go beyond £120 billion ($178...
Multiemployer Plans Get 60 More Days on WRERA Decisions
April 30, 2009 (PLANSPONSOR.com) - The Internal Revenue Service (IRS) has given multiemployer plans another 60 days to make election...
Retirement Plan Finance Official Dismissed in Expense Flap
April 28, 2009 (PLANSPONSOR.com) - Officials at the Arkansas Teacher Retirement System will not discuss the firing of the program's...
Number of Endangered Multiemployer Plans Quadrupled in Last Year
April 28, 2009 (PLANSPONSOR.com) - A new survey from the International Foundation of Employee Benefit Plans (IFEBP) shows that the...
Benefits |
Kimberly-Clark Freezes DB Plan, Adds 401(k)
April 23, 2009 (PLANSPONSOR.com) - Dallas-based Kimberly-Clark Corporation will freeze its defined benefit pension plan for non-union workers on December...
DiNapoli Bars Placement Agents for Empire State Fund
April 22, 2009 (PLANSPONSOR.com) - With an ongoing state-federal probe continuing into the role of paid intermediaries doing business with...
Russell Suggests New Liability Investing Approach
April 21, 2009 (PLANSPONSOR.com) - Russell Investments on Tuesday released research advocating what the firm said was the next version...
Benefits |
Catholic Lay Employees' Retirement Benefits Reduced
April 20, 2009 (PLANSPONSOR.com) - J. Timothy Kocab, administrative secretary of the Lay Employees' Retirement Board, has detailed plan benefit...
Report: Auto Czar's Investment Firm Focus of Pay-to-Play Probe
April 17, 2009 (PLANSPONSOR.com) - According to media reports, the man named to head the Obama administration's auto task force...
Benefits |
Media General Freezes Pension
April 17, 2009 (PLANSPONSOR.com) - Media General Inc. said Friday it would freeze its pension plan as of May 31...
Pension Buyouts Could Harm Employee Relationships
April 17, 2009 (PLANSPONSOR.com) - The notion of financial services firms buying out defined benefit pension programs makes government auditors...
S&P 500 Pensions Pummeled in 2008
April 16, 2009 (PLANSPONSOR.com) - The financial health of corporate pension plans experienced a substantial setback in 2008, according to...
YRC Looking for Pension Concessions
April 15, 2009 (PLANSPONSOR.com) - A trucking firm is trying to strike a deal with unions to temporarily suspend its...
Benefits |
Benefits in Crisis, But Employers Staying the Course
April 14, 2009 (PLANSPONSOR.com) - Despite the tumultuous environment, most plan sponsors seem to be committed to staying the course,...
Benefits |
NH Legislators OK Pension Changes
April 13, 2009 (PLANSPONSOR.com) - The New Hampshire House of Representatives has approved retirement plan changes for police and firefighters.
City of Milwaukee could get Pension Obligation Bond Authority
April 13, 2009 (PLANSPONSOR.com) - Wisconsin Governor Jim Doyle has proposed allowing the city of Milwaukee to issue pension obligation...