Tag: defined benefit retirement plans

Defined benefit pensions help with the three Rs of workforce management: recruitment, retention and retirement, per the National Institute on...

For plan sponsors, retaining older workers will require greater attention to plan designs that support workers at older ages.

A New York State judge dismissed the complaint due to lack of standing and failure to demonstrate injury.

Kohler Co., the Kohler Co. Pension Plan and pension plan beneficiary plaintiffs request the court’s approval of the settlement.

Mercer parent Marsh McLennan acquires Cardano to expand retirement business across the Atlantic.

Alaska and Rhode Island are examining options for public retirement plans, as not having pension plans has made it hard...

The Pension Benefit Guaranty Corporation claims a shuttered California corporation’s CEO transferred plan assets to a business checking account.

For a second time, the 9th Circuit has resurrected a lawsuit that targeted the aerospace and defense company.  

The Pension Benefit Guaranty Corporation is seeking damages from a construction company after the PBGC took over its terminated pension...

Federal court in Michigan dismisses a lawsuit brought against the Kellogg Company pension plan.   

A lawsuit against IBM’s pension plan will not proceed, following a judge’s ruling in U.S. District Court for the Southern...

The Sheltering Arms organization shut down in 2023, and the PBGC seeks to become its defined benefit plan’s statutory trustee.

According to a Morningstar report, large private sector pension funds’ experience allocating to PE is not particularly instructive for defined...

Annuities may be a hot topic, but sponsors can add the most value to plans by incorporating features like auto-enrollment...

The Pension Benefit Guaranty Corporation has escalated legal proceedings against a pension plan sponsor that allegedly stopped paying insurance premiums,...

Gallagher names new DB leader; Northwestern Mutual makes further moves in succession planning; National Institute for Public Employee Health Care...

The National Conference on Public Employee Retirement Systems announced the inaugural Pension Communicator of the Year prizes for communications professionals.

Plan funding improved in most pension measures, despite the bond-market rally.

Boilermaker-Blacksmith National Pension Trust claims arbitrator Richard C. McNeill Jr. incorrectly ruled that GE satisfied the building and construction industry...

The pension and investments manager expects de-risking strategies to remain attractive in 2024.