Tag: Defined benefit

USEC Inc. has frozen its defined benefit pension plan covering nonunion employees.

The Pension Benefit Guaranty Corporation (PBGC) announced that it will be paying retirement benefits for a vehicle transportation business based in Atlanta, Georgia.

The Dietrich Pension Risk Transfer Index, which tracks the relative attractiveness of annuitizing pension liabilities, slipped to 92.66 as of August 1.

Pension plans in the U.S. continue to lower assumptions, according to an analysis from PwC.

Institutional investors posted mixed returns in Q213, according to the Wilshire Trust Universe Comparison Service (Wilshire TUCS).

The funded status of the typical U.S. corporate pension plan in July increased 1.6 percentage points to 88.2%.

An insurance brokerage firm must repay more than $270,000 to the participants and beneficiaries of a Florida-based retirement plan.

Funding levels of pension plans sponsored by S&P 1500 companies continued a strong rebound in 2013.

Retirement Plan Prospector is a Web-based prospecting and research tool from Judy Diamond Associates for the defined contribution and defined benefits markets.

A recent analysis found that July signaled a positive trend so far in 2013 for sponsors of pension plans.

A recent report reveals the amount pensions of S&P 500 companies were underfunded in 2012 reached a record.

Where there’s pain, there’s opportunity. And there are few parts of the retirement world experiencing as much pain right now as the $2.6 trillion (per Investment Company Institute...

 Matthew Hutcheson, the former trustee and fiduciary of a pension plan, was sentenced to more than 17 years and ordered to pay more than $5.3 million in restitution. 

The Illinois-based DATAIR Employee Benefit Systems, Inc., has released a new suite of software, training and support services for consultants and administrators of 401(k) plans.

A federal appeals court reversed a district court ruling that a private equity firm is not liable for the pension debt of one of the companies in which...

The American Benefits Council has requested guidance about how the ruling on the Defense of Marriage Act (DOMA) will affect health and retirement plans.

A federal bankruptcy court ruled a plan fiduciary still owes contributions to multiemployer plans though he filed for bankruptcy.

If bond yields keep rising, and equities and other return-generating asset classes outperform fixed-income, plan sponsors may want to pause and consider glide path strategies.   

The funded status of corporate pensions improved in June by $47 billion.

The Dietrich Pension Risk Transfer Index, which tracks the relative attractiveness of annuitizing pension liabilities, increased during June.