Tag: IBM

The Department of Labor backed an appeal by IBM retirees to reopen a lawsuit against the firm for allegedly using...

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

Michigan-based Dawn Foods Inc. changed its contribution matching formula to increase the total and reduce participants’ confusion.

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

IBM’s decision to unfreeze its pension is a ‘strong endorsement’ of plan sponsors operating parallel defined contribution and defined benefit...

IBM’s move away from the 401(k) match leads industry experts to evaluate the shortcomings of defined contribution plans in providing...