New York State Moves to Create Its Own PRT Standards
Legislation in the New York State Senate and Assembly would provide protections and new disclosures for retirees whose pension assets...
Tag: Pension funding
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Corporate Pensions Continue Slow Funding Slide
The aggregate funded ratio for U.S. corporate pension plans decreased again in March 2015.
Pension Plan Funding Status Dips in March
Public plans and foundations and endowments also saw assets decrease.
Rhode Island Reaches Pension Accord With Some Unions
If approved, a proposed settlement will end litigation from six challenges that arose from changes made to Rhode Islands’ public...
Changes Soon Due for Multiemployer Plans
Expanded annual actuarial certifications for multiemployer plans are due March 31 for calendar year plans.
Multiemployer Plans Need Consistent Returns to Fully Rebound
Multiemployer plans have not fully rebounded from the 2008 financial crisis because returns have not kept pace with growth in...
State-Sponsored Pensions Reach 80% Funded Status
Wilshire Consulting also reported that corporate pensions reached a 77.2% funding ratio in February.
February Pension Funding Boost Offsets January Declines
The funded status of U.S. corporate pension plans increased by 5.1% in February, the best month for gains since January...
Largest Pensions Troubled By Longer Lifespans
The United States’ 19 largest pension funds hold roughly 40% of the nation’s pension obligations, according to Russell Investments, so...
SOA Maps Required Pension Contributions
An updated analysis from the Society of Actuaries examines required contributions and economic sensitivities for pension plan sponsors, finding their...
Updated Mortality Tables Increased Pension Liabilities by $100B
Moody’s estimates pension deficits jumped 8% in 2014.
Sponsors Active on Pension Risk and DC Cost Cutting
An Aon Hewitt survey of pension plan sponsors finds almost two in three could take direct action to curb risks...
How Pensions Impact Corporate Financial Distress
A new academic research paper reexamines how pension costs were related to defaults and bankruptcies at high-profile U.S. corporations in...
Corporate Pension Deficits in January Highest Since 2012
The funded status of pension plans of S&P 1500 companies fell 5% in January.
January a Tough Month for Corporate Pensions
The funded status of U.S. corporate pensions fell nearly 5% in January, according to BNY Melon ISSG.
Increase in Liabilities Brings Pension Funding Down in January
Wilshire Associates estimates that overall the funded ratio for the sample pension plan decreased by 3.5% during the first month...
EBSA Issues Final Regs on Annual DB Funding Notices
The Department of Labor’s Employee Benefits Security Administration says a new disclosure rule will ensure workers receive annual funded status...
Funding of S&P 1500 Plans Slipped 9% in 2014
Low interest rates and new mortality tables overpowered the year’s positive asset returns, resulting in a 9% decline in funding...
Pension Fund Performance Suffered in December
The funded status of U.S. corporate pensions dropped to 87.3% in the last month of 2014, according to BNY Mellon...
Corporate Pension Funding Weakened in 2014
The financial health of private pension plans weakened in 2014, with funded ratios falling to levels resembling post-recession lows.