Tag: defined benefit plan

Latest deal comes after the multinational technology company in 2023 closed its defined contribution plan in favor of a cash-balance...

The transaction will remove $2.5 billion in pension liabilities from the company's books.

The contracts, totaling $14.6 billion in premiums, represent a 26% increase from Q1 2023 and an all-time record, LIMRA reports.

Transaction with MetLife is one of several billion-dollar buyouts completed so far in 2024.

NEPC will manage the outsourced assets, as Kodak considers how to 'maximize the value of the over-funding.'

Pension-eligible employees will still accrue benefits under the pension plans until the 2028 freeze date.

With more plan sponsors maintaining overfunded pension plans, some analysts argue that reopening a defined benefit plan, as IBM plans...

While the United Auto Workers will not see the restoration of defined benefit pension plans, they are likely to see...

The majority of state retirement systems do not provide adequate retirement savings to departing employees, according to data from the...

A drop in liabilities outweighed poor asset performance in May, causing funded status to modestly increase, according to firms’ analysis.

Debt and lack of access to a pension plan can make it especially difficult for Black and Hispanic Americans to...

The transaction with Legal & General and RGA is intended to secure the retirement benefits of more than 4,000 PPG...

PRT sales have broken records yet again, as the market grew another $6.3 billion in the first quarter of this...

After a poor performance in 2022, defined benefit plans are reporting positive returns so far this year as bond markets...

While some companies have disclosed low intended contributions to their pension plans this year, some analysts expect a reversal in...

U.S. corporate pension plans’ funded levels improved marginally in April, and many are inching toward full funding, according to analyst...

The 2005 move led to increased turnover in employees enrolled in Alaska’s TRS and PERS retirement plans, the study found.

The consulting firm announced the launch of its new retirement solution, O3 Prime, which offers a 401(k) account in tandem...

Real estate allocations can strengthen participant outcomes and reduce volatility, according to the Defined Contribution Real Estate Council.