Tag: pension plan

Pensions

U.S. Pension Fund Assets Grew by 12.7% in 2017, Says New Study

Global institutional pension fund assets in the 22 major markets grew to $41.3 trillion at year-end 2017, according to latest figures in the Thinking Ahead Institute’s Global Pension Assets Study, representing the highest figure since the report began in 1997.

Pension

PBGC to Pay Pension Benefits for Avaya Retirees

The Pension Benefit Guaranty Corporation (PBGC) will pay retirement benefits for nearly 8,000 current and future retirees who participated in the Avaya, Inc. Pension Plan for Salaried Employees, according to a PBGC press release.

PBGC May Exempt Most Companies, Pensions from ‘Reportable Events’ Rules

The Pension Benefit Guaranty Corp., in a policy reversal, has agreed to exempt most companies and their pension plans from sweeping “reportable events” requirements first proposed in 2009. This news should be a relief for the many small or financially sound companies with defined benefit plans that had expressed concern about reporting relatively minor business […]

Pension Plans’ Funded Status Slipped in February

Three monthly measures of defined benefit pension plans’ funded status slipped or remained flat in February after a strong start to 2013, due mostly to weakening interest rates. The Milliman 100 Pension Funding Index, which monitors funding for the U.S.’s largest corporate DB plans, posted a decrease in funded status for the month to 81.5 […]

Pension Plans’ 2012 Year-end Funding Levels Below 2011 Ratios

Many plan sponsors are still having a hard time improving the funding status of their plans, according to indexes measuring the December funding levels of U.S. corporate pension plans. Statistics show plans’ funding rose slightly from November 2012 to December 2012, keeping the month’s funded ratios above the lowest monthly figures for 2012; however, they […]

Corporate Pensions’ Funded Status Continued to Improve in September

Corporate pensions’ September funding levels continued to recover, gaining ground on rising interest rates that reduced the funds’ liabilities. Three benchmark measures of the funded status of typical corporate retirement plans all showed improvement from August and record-low levels recorded earlier this year. Pension liabilities, or benefit obligations, of the 100 largest corporate defined benefit […]