Canada's Budget Provides Temporary Relief for DB Plans
May 3, 2006 (PLANSPONSOR.com) - Canada's legislators approved a federal budget that left room for some assistance to companies struggling...
Tag: Defined Benefit
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Study: DB Plans Continued Vanishing in 2005
May 3, 2006 (PLANSPONSOR.com) - The steady disappearing act by traditional defined benefit pension plans continued full steam in 2005...
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Lydall Jumps on DB to DC Bandwagon
May 1, 2006 (PLANSPONSOR.com) - Lydall Inc. has announced it will freeze its defined benefit pension plans and enhance its...
UK Pensions Regulator Sets Three-Year Strategy
April 28, 2006 (PLANSPONSOR.com) - The Pensions Regulator in the UK has published its medium term strategy report setting out...
Canada's Plan Administrators Not Required To Publicize Possible Plan Changes
April 27, 2006 (PLANSPONSOR.com) - Canada's Supreme Court declined to hear a case from an Ontario Court of Appeal that...
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NJ Transit Makes DB to DC Move
April 26, 2006 (PLANSPONSOR.com) - New Jersey Transit will begin offering 401(k) plans to some new employees beginning July 1.
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Texas Senator Proposes $100 Million Increase In Teacher Retirement Fund
April 25, 2006 (PLANSPONSOR.com) - Texas State Senator Robert Duncan is proposing a $100 million infusion into the state's pension...
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BBC Hikes Pension Retirement Age To 65
April 20, 2006 (PLANSPONSOR.com) - In an effort to maintain the security of its pension, the BBC has announced far-reaching...
Canadian Pension Plans Show Good Returns
April 21, 2006 (PLANSPONSOR.com) - Canadian pension funds earned 4% for the quarter ending March 2006, according to data from...
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CO Public Worker Groups Fracture over PERA Fix
April 12, 2006 (PLANSPONSOR.com) - A coalition of 10 public-employee groups has split from the Colorado Public Employees Retirement Association...
DB Survey Shows Better than Expected 2005 Returns for Pensions
April 12, 2006 (PLANSPONSOR.com) - The picture of US defined benefit pension plans was a largely rosy one in Milliman's...
Wilshire: Public Pension Funding Ratios Flat for 2005
April 4, 2006 (PLANSPONSOR.com) - US public pension funds saw their funding ratios stay nearly flat last year as compared...
CA Judge Drops Some Aguirre Suit Targets
March 27, 2006 (PLANSPONSOR.com) - A California state judge has tentatively excused five of eight former city and pension officials...
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British Airways Makes Proposal to Erase Pension Deficit
March 23, 2006 (PLANSPONSOR.com) - British Airways has said it will clear its 1.4 billion pound pension plan deficit through...
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Unisys Falls in Line of Companies Freezing Pensions
March 22, 2006 (PLANSPONSOR.com) - Unisys Corporation announced that it will cease accruals to its US defined benefit pension plans...
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WellPoint Pension Freeze not Attributed to Cost
March 20, 2006 (PLANSPONSOR.com) - WellPoint Inc. has frozen its defined benefit pension plan for most of its employees and...
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Ohio Company Offers Employees Choice in DC Benefits
March 20, 2006 (PLANSPONSOR.com) - Cleveland, Ohio-based Lincoln Electric Holdings Inc. has announced new hires for its US company as...
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San Diego's Aguirre Demands Court Roll Back Pensions
March 17, 2006 (PLANSPONSOR.com) - San Diego City Attorney Michael Aguirre has asked a California judge to invalidate pension benefits...
DoL Investigating Possible Northwest ERISA Violations
March 15, 2006 (PLANSPONSOR.com) - The US Department of Labor (DoL) is looking into actions by Northwest Airlines leading to...
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UK Union Claims Harrods is Strike Target
March 13, 2006 (PLANSPONSOR.com) - UK's Amicus Union has warned department store Harrods that it could be hit with a...