Tag: Pension funding

Weak markets and rising liabilities resulted in sinking pension funding levels in February.

U.S. corporate pension plans saw improvements to their funded status at the end of 2024, with rising discount rates triggering...

The pension fund lost $6.5 billion in asset value over the last year, ending a three-year streak of double-digit gains. 

There are plenty of ideas to address the funding crisis facing certain multiemployer union pensions, but consensus federal legislation remains...

The updated mortality improvement rates and static tables apply for purposes of calculating the funding target and other items for...

In addition to promoting inaccurate pension heath assessments, a new academic paper argues, pension accounting rules set by the Governmental...

The legislation aims to establish a 30-year loan program and new financial assistance for financially troubled multiemployer pension plans.

In a new ERISA lawsuit seeking class action status, the plaintiffs claim their pension assets were disloyally and imprudently transferred...

ERISA allows plan participants to sue to remedy demonstrable harms they have suffered as a result of fiduciary breaches. Less...

Members of the Senate Finance Committee voiced frustration that lawmakers have not yet come to a solution to the multiemployer...

Pension plan sponsors have taken various actions to reduce their PBGC premiums in the last year, resulting in a decline...

The plan’s history offers a case study for how to turn around a troubled public pension system after years of...

Senators and co-chairmen Orrin Hatch and Sherrod Brown said they missed their stated deadline for voting on a package of...

The Butch Lewis Act offers a way to preserve union retiree pension benefits through an emergency loan program funded with...

Passionate testimony from a Teamster to the Joint Select Committee on the Solvency of Multiemployer Pension Plans appeared to outshine...

The chief investment officer at Winthrop Capital Management discusses the uptick in short term interest rates and new opportunities within...

Tens of thousands of employers in the U.S. contribute to multiemployer pension funds that are in critical and declining status,...