JCPenney Offloads $2.8 Billion in Pension Liabilities
The transfer deal with annuities provider Athene Holdings will ensure that about 30,000 participants in JCPenney's pension plan continue to get benefits.
McClatchy Gets Standstill Agreement on Pension Payments
The company has said it cannot make $124 million in contributions it owes in 2020.
The Disappearing DB Pension Plan
The use of defined benefit pension plans continues to decline as sponsors look to de-risk pension strategies.
Lockheed Sells Pension Risk
The company said it reached deals with Prudential and Athene to reduce its obligations for tens of thousands of employees.
MetLife Settles With Massachusetts Over Pension Claims
The company agreed to pay $1 million to resolve accusations related to its pension risk transfer business.
Accenture Offloads Pension Liability
The deal comes as insurers are buying pension plans at a record rate.
How to Save a Bundle on PBGC Premiums
For most penison-plan sponsors, it's as simple as making a scheduled contribution a month early.
FASB Updates Pension Reporting
By the end of 2017, public companies will have to separate employee service costs from other pension cost components.
Trump’s Pension Policy
If Trump shelves the new fiduciary rule, brokers might seek out deals that pay them best, rather than act in the best interests of sponsors and employees.
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