Employee Benefits
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Stock Gains Don't Rescue Pension Funding
Private-equity firms, meanwhile, may have even better reasons than usual to derisk pension plans sponsored by portfolio companies.
October 30, 2009
The stock market's 15% leap in the third quarter helped out companies on two fronts: their share prices rose, and they got a good return on their own equity investments. But one thing the bull run did not do was trigger a rise in the funded status of defined-benefit pension plans. Read more...
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Doing What Needs Doing: A CFO as Sales Boss
A software firm's finance and operations chief puts himself on the front lines of customer interaction. October 27, 2009
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Retirement Roulette
As corporate finance experts hand off more responsibility for retirement to individual employees, the number of big winners and losers among those employees is growing. October 21, 2009
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Employee-Benefit Cost Pressures Plague CFOs, Survey Finds
Perhaps in response, 33% said their companies were cutting average per-employee health-care costs and 26% said their employers would reduce their matches of their employees' 401(k) contributions. October 19, 2009
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DoL Eyes New Chrysler $5B Health-Benefits Deal
Under the Labor Department's plan, a retiree-benefit trust could hold shares and debt of New Chrysler in order to grease the wheels of the sale of the company to Fiat North America. October 2, 2009
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Michael Vick to Pay Back $400,000 to Pension Plan
Vick allegedly used plan assets to help pay criminal restitution imposed upon him after his conviction for unlawful dog fighting. September 30, 2009
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How One CFO Left Links, Took Helm in Crisis
Michael Mancuso's cost-cutting moves since coming out of retirement to lead finance at Computer Sciences Corp. have included freezing the company's pension fund and ditching executive car perks. September 30, 2009
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DoL: Let GM Fund Benefits with Company Stock
Will the move spur a flood-tide of similar requests from cash-poor, benefit-burdened employers? September 17, 2009
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Ford's Poison Pill Prevents Tax Losses
The automaker tries to discourage investors from triggering a technical change of ownership in the company that would cause it to lose $19 billion in net operating loss carryforwards. September 15, 2009
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Will Caterpillar's Walgreens Deal Shrink Drug Costs?
The tractor maker's pharmacy-benefit arrangement seeks to cut out the middleman to gain transparent pricing. September 4, 2009
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