pension

JCPenney Offloads $2.8 Billion in Pension Liabilities
Retirement Plans

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.
By Matthew Heller | April 2, 2021
Read More
McClatchy Gets Standstill Agreement on Pension Payments
Retirement Plans

McClatchy Gets Standstill Agreement on Pension Payments

The company has said it cannot make $124 million in contributions it owes in 2020.
By Lauren Muskett | January 16, 2020
Read More
The Disappearing DB Pension Plan
Retirement Plans

The Disappearing DB Pension Plan

The use of defined benefit pension plans continues to decline as sponsors look to de-risk pension strategies.
By Gerry Marletta | June 28, 2019
Read More
Lockheed Sells Pension Risk
Retirement Plans

Lockheed Sells Pension Risk

The company said it reached deals with Prudential and Athene to reduce its obligations for tens of thousands of employees.
By Lauren Muskett | January 30, 2019
Read More
MetLife Settles With Massachusetts Over Pension Claims
Risk & Compliance

MetLife Settles With Massachusetts Over Pension Claims

The company agreed to pay $1 million to resolve accusations related to its pension risk transfer business.
By William Sprouse | December 19, 2018
Read More
Accenture Offloads Pension Liability
Retirement Plans

Accenture Offloads Pension Liability

The deal comes as insurers are buying pension plans at a record rate.
By William Sprouse | June 23, 2017
Read More
How to Save a Bundle on PBGC Premiums
Retirement Plans

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.
By John Lowell | April 10, 2017
Read More
FASB Updates Pension Reporting
Retirement Plans

FASB Updates Pension Reporting

By the end of 2017, public companies will have to separate employee service costs from other pension cost components.
By David Katz | March 13, 2017
Read More
Trump’s Pension Policy
Retirement Plans

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.
By Rob Massa | December 9, 2016
Read More
Tonic for Retirement Ills
Retirement Plans

Tonic for Retirement Ills

Balancing benefits costs and outcomes is critical to enterprise success.
By | September 19, 2016
Read More
Finance Roundup for Executives
Corporate Finance

Finance Roundup for Executives

Be informed, get involved, and shape the world through finance. Read CFO.com's most recent headlines and standout stories.
By Kerry Maruna | April 5, 2016
Read More
Finance Roundup for Executives
Corporate Finance

Finance Roundup for Executives

Be informed, get involved, and shape the world through finance. Read CFO.com's most recent headlines and standout stories.
By Kerry Maruna | April 4, 2016
Read More
Chicago Issues Debt to Cover Pension Shortfall
Risk

Chicago Issues Debt to Cover Pension Shortfall

A property tax increase helped shore up the city's police and fire fighter pensions, but the Windy City is still cash strapped.
By Katie Kuehner-Hebert | January 12, 2016
Read More
J.C. Penney Cuts Pension Plan Liability by Up to 35%
Retirement Plans

J.C. Penney Cuts Pension Plan Liability by Up to 35%

The retailer has completed a lump-sum offer to retirees and will annuitize other obligations through a deal with Prudential.
By Matthew Heller | October 2, 2015
Read More
Reaping the Rewards of Lower Risk in DB Plans
Retirement Plans

Reaping the Rewards of Lower Risk in DB Plans

Finance executives have been busy de-risking DB plans, and they're happy with the results.
By David W. Owens | September 10, 2015
Read More
Next