Outgoing Pension Insurer Director Cautions about Carmaker Shortfalls
January 12, 2009 (PLANSPONSOR.com) - The outgoing director of the nation's private-sector pension insurer has warned in a media interview...
Tag: Defined Benefit
Another CT Town Reports Madoff Losses
January 12, 2009 (PLANSPONSOR.com) - The pension plan belonging to a Connecticut town is apparently the latest victim of what...
Market Losses Lead to WI Pension Payment Cutbacks
January 9, 2009 (PLANSPONSOR.com) - For the first time in the 26-year-history of the Wisconsin Retirement System, pension checks drawn...
Towers Perrin Sees a New Low Funded Ratio of Pension Plans
January 8, 2009 (PLANSPONSOR.com) - In the latest capital market update from Towers Perrin the funded ratio for Towers Perrin's...
Canadian Sponsors Still Underprotected on DB Risks
January 7, 2009 (PLANSPONSOR.com) - A new Hewitt Associates survey finds that many companies around the world have not taken...
Corporate Pensions Funded Status Drops More than 30% in '08
January 7, 2009 (PLANSPONSOR.com) - Funding ratios at the typical U.S. corporate pension plan slid more than 11 percentage points...
Mercer: U.S. Pension Funding Suffers 'Alarming Deterioration'
January 6, 2009 (PLANSPONSOR.com) -The funding status of the largest U.S. companies' pension plans, which Mercer said has suffered an...
DB Plans Suffer Sharp Funding Decline in Q408
January 5, 2009 (PLANSPONSOR.com) - UBS Global Asset Management's US Pension Fund Fitness Tracker, a quarterly estimate of the overall...
Visteon Reaches Agreement with PBGC on Pension Protections
January 5, 2009 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) announced an agreement with Visteon Corp. to provide additional...
Northwest Airline Employees Denied Continuance of Fiduciary Breach Claim
December 31, 2008 (PLANSPONSOR.com) - The U.S. District Court for the Southern District of New York put a stop to...
UK Pension Schemes End Year with a Surplus
December 30, 2008 (PLANSPONSOR.com) - Despite losing more than £70 billion in assets over the year, Britain's biggest company pension...
Tribune Asks for Permission to Make Pension Contributions
December 26, 2008 (PLANSPONSOR.com) - Tribune Company has asked a federal judge for permission to pay pre-bankruptcy and future contributions...
S&P Sees Coal in 2008 Pension Funding Stocking
December 23, 2008 (PLANSPONSOR.com) - S&P 500 pension funds are expected to report broad losses in their $1.5 trillion portfolio...
U.S. Retirement Assets Steady in Q2
December 23, 2008 (PLANSPONSOR.com) -American savers held $16.9 trillion in retirement assets at the end of the second quarter of...
Greenwich Would Need $100M to Make up for Pension Losses
December 22, 2008 (PLANSPONSOR.com) - Greenwich, Connecticut, town officials say it could take an infusion of close to $100 million...
PBGC Takes on Another Hospital Pension Plan
December 19, 2008 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) announced it has assumed responsibility for the pension plan...
SEI Provides Guidance on FAS 87 Disclosure Assumptions
December 18, 2008 (PLANSPONSOR.com) - Despite current market conditions and returns for 2008, plan sponsors should not drastically adjust Return...
Benefits |
GenCorp Suspends Company Stock 401(k) Match Contribution
December 18, 2008 (PLANSPONSOR.com) - GenCorp Inc. announced it is freezing its defined benefit pension plan and suspending 401(k) plan...
Benefits |
NY's Patterson Calls for Public Pension Rollbacks
December 17, 2008 (PLANSPONSOR.com) - New York Governor David A. Paterson has proposed a steep public employee pension rollback as...
Benefits |
Motorola Freezes DB Plan; Suspends 401(k) Match
December 17, 2008 (PLANSPONSOR.com) - Motorola on Wednesday announced it was freezing its defined benefit pension plan on March 1,...