Tag: defined benefit plans

Union workers are seeking a 40% pay increase and the restoration of the company’s defined benefit pension plan, which has...

The majority of pension trackers reported that strong equity markets could not offset a rise in liabilities.

Among companies with pension de-risking plans, 93% expect to completely divest their defined benefit liabilities, according to a MetLife survey.

Despite the volume of cases, no court has yet issued a favorable judgment on the merits for any pension plan...

Equity markets kept funding levels up even as discount rates fell in May.

How sponsors of defined benefit pension funds can enhance their maintenance of those offerings, plus considerations for including DB plans...

As defined benefit plan sponsors look to de-risk and offload pension liabilities, the selection of annuity providers has come under...

Plan sponsors can consider plan conversions, similar to what IBM has done, hibernation or different investment strategies to reduce risk...

Higher stocks and relatively stable interest rates boosted funding surpluses to more than $70 billion, Milliman found.

The transaction, completed with F&G Annuities & Life, is Unisys' sixth since January 2021, totaling nearly $2 billion.

Pension trackers report record corporate pension funding in February due to strong markets and higher interest and discount rates.

Opportunities may arise for plan sponsors to take advantage of excess pension assets, but taxes must be considered. 

The retirement income benefit was a bargaining chip in negotiations that included a UAW request to bring back a defined...

According to Wilshire, November saw the largest monthly increase in liability value since it began tracking corporate pension funded status...

Some pension funding models reached their highest points in decades.

In addition to wage increases and an end to wage tiers, the United Auto Workers are demanding the return of...

The drop in global equities led to the first overall decline 2023.

Because of a strong equity performance and a dip in liabilities in July, pension funded statuses increased once again, analyst...

Speakers advise plan sponsors on what to consider when looking to terminate their defined benefit plans and offering lump sums...