pension plans

Pension Plan Sponsors Slashed Contributions in 2019
Retirement Plans

Pension Plan Sponsors Slashed Contributions in 2019

At present, companies generally aren't subject to required contributions and have little incentive to make discretionary ones, Russell Investments reports.
By David McCann | March 9, 2020
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Pension Plans’ Struggles Continue Despite Big Investment Gains
Retirement Plans

Pension Plans’ Struggles Continue Despite Big Investment Gains

While 2019 was a banner year for returns, low interest rates prevented plan sponsors from meaningfully improving their funded states.
By David McCann | January 7, 2020
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FedEx Marches to Its Own Beat on Pension De-risking
Retirement Plans

FedEx Marches to Its Own Beat on Pension De-risking

Rather than jump on the bandwagon of lump-sum payouts, FedEx continues to donate more to its U.S. pension plans than is required to fund future liabilities.
By David McCann | October 21, 2019
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Why Terminating a Pension Plan May Be Unaffordable
Retirement Plans

Why Terminating a Pension Plan May Be Unaffordable

Not only is it expensive to buy annuities to fund existing retiree benefits, but financial statement issues also may stymie plan terminations.
By David McCann | May 29, 2019
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4th Quarter Dealt a Heavy Blow To Pension Plans
Retirement Plans

4th Quarter Dealt a Heavy Blow To Pension Plans

Large companies saw three quarters of strong gains for their chronically underfunded plans almost wiped out by the late-year stock market nosedive.
By David McCann | March 12, 2019
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PBGC to Oversee Sears Pension Plans
Retirement Plans

PBGC to Oversee Sears Pension Plans

The pension insurance fund is stepping in because “it is clear that Sears’ continuation of the plans is no longer possible.”
By Matthew Heller | January 22, 2019
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Pension-Plan Sponsors Forgo Savings
Tax

Pension-Plan Sponsors Forgo Savings

Some simple, widely employed best practices for pension funding seem to have escaped the notice of almost 200 plan sponsors.
By David McCann | April 12, 2018
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MetLife Shares Plunge on Restatement News
Financial Reporting

MetLife Shares Plunge on Restatement News

The insurer says it underestimated its group annuity reserves because of "a material weakness in internal control over financial reporting.”
By Matthew Heller | January 29, 2018
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To DB or Not DB?
Workplace Issues

To DB or Not DB?

Sponsors seek to tackle the rising costs and onerous administrative burdens of defined-benefit pension plans.
By | December 4, 2017
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PBGC OKs Sears Asset Sales for Pension Relief
Retirement Plans

PBGC OKs Sears Asset Sales for Pension Relief

The lifting of a "ring-fencing" restriction will allow the embattled retailer to raise $407 million to contribute to its underfunded pension plans.
By Matthew Heller | November 8, 2017
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More Pain Ahead for States’ Pension Plans
Retirement Plans

More Pain Ahead for States’ Pension Plans

Moody's predicts unfunded liabilities will increase by 40% to $1.75 trillion over the next two fiscal years amid weak investment performance.
By Matthew Heller | October 11, 2016
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Pension Plan Funded Status Unchanged at 82%
Retirement Plans

Pension Plan Funded Status Unchanged at 82%

Towers Watson says the lack of improvement at the end of 2015 reflects a rise in interest rates offset by weak stock markets.
By Matthew Heller | January 4, 2016
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Pension Plan Funding to Rise With Interest Rates
Retirement Plans

Pension Plan Funding to Rise With Interest Rates

A gradual increase in the Federal Funds rate could push pension plans of U.S. issuers to fully funded status by the end of 2019.
By Matthew Heller | December 16, 2015
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IRS Delay Will Benefit Pension Plan Sponsors
Retirement Plans

IRS Delay Will Benefit Pension Plan Sponsors

The IRS won't be adopting new mortality tables issued by the Society of Actuaries until 2017.
By Katie Kuehner-Hebert | September 3, 2015
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Improving Economy Boosting Finance Execs’ Pay
Retirement Plans

Improving Economy Boosting Finance Execs’ Pay

Survey finds salary increases for executives at both public and private companies are exceeding the overall marketplace.
By Katie Kuehner-Hebert | May 18, 2015
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