Tag: pension plan

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

As women face a bigger uphill battle when it comes to retirement savings, many expressed support for the return of...

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

The funded status reached its highest level since before the Great Recession of 2007 to 2009, according to one analyst...

A drop in liabilities outweighed poor asset performance in May, causing funded status to modestly increase, according to firms’ analysis.

The sustainability of public pension plans comes into question, as average life expectancy is projected to rise to 77.3 years...

COLA boosts to pension distributions have been proposed in Pennsylvania and Texas, while they have already been announced in Maryland...

Plan sponsors saw significant investment gains, with a median plan return of 10.6%, according to Northern Trust.

While liability growth has declined in the past two decades, asset growth has been even slower.

The Department of Labor found the investment adviser made 63 fraudulent requests to Transamerica for lump sum benefit checks for...

The median retirement account balance among all U.S. workers is "zilch"

They are seeking reductions as high as 50%.

The blueprint calls for nine design features of the new contract.

This enables corporations to expense their contributions at a higher tax rate, according to Cerulli. 

Yet they also adopted more conservative investment assumptions, according to the National Conference on Public Employee Retirement Systems.

The state is trying a pension risk transfer option commonly used by corporate plan sponsors.