Corporate pension plans

News and video about Corporate pension plans from Pensions & Investments.

  1. Boeing offers lump-sum, immediate annuity options to 40,000 former employees

    trueBoeing Co., Chicago, is offering an option of a lump-sum payout or an annuity to 40,000 former employees who have not yet retired, the first time the company has offered such choices from its existing defined benefit plans.

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  1. PPF to assess Monarch Airlines for DB takeover

    trueMonarch Airlines Retirement Benefits Plan Ltd. is expected to enter an assessment for entry into the Pension Protection Fund within a matter of weeks.

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  2. ERISA at 40: Stewards reflect on good, bad

    trueReflecting back on ERISA's first 40 years, the people who've administered it say there were some hits and some misses.

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  3. Education firm RM enters into pension buy-in with PIC

    trueRM PLC, Abingdon, England, agreed to a buy-in with Pension Insurance Corp. to insure 13% of the liabilities of the company's defined benefit plan.

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  4. Ryder System offers lump sums to former employees

    trueRyder System Inc. is offering a lump-sum payment to about 11,000 former employees vested in its frozen U.S. defined benefit plan, the company announced in an SEC filing on Wednesday.

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  5. Boeing contributes $750 million to pension funds in 3rd quarter

    trueBoeing Co. contributed $750 million to its defined benefit plans in the quarter ended Sept. 30, the company said Wednesday in a Securities and Exchange Commission filing.

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  6. BT loses battle at top EU court to block pension aid repayment

    trueBT Group PLC, the U.K.'s former phone monopoly, and its pension fund lost their bid to overturn a European Union order forcing the repayment of as much as £16.6 million ($26.6 million) in exemptions from pension rules.

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  7. Unilever enters into buy-in with Legal & General on expatriate fund

    trueUniac Pension Fund agreed to a buy-in with Legal & General Group to insure £129 million ($208.5 million) of liabilities.

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  8. Lockheed Martin to forgo pension contributions in 2015 through 2017

    trueLockheed Martin Corp. announced Tuesday it has contributed $1 billion in contributions to its defined benefit plans thus far in 2014 out of an expected $2 billion and does not expect to make further contributions for at least three more years.

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  9. Panasonic completes pension fund buyout for U.K. unit

    truePanasonic Systems Networks Co. U.K. Ltd. Pension and Life Assurance Scheme completed a buyout with Rothesay Life.

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  10. UNC hires director of public investments from UPS

    trueEd Hetherington is joining the University of North Carolina Management Co. as vice president and managing director of public investments for the $3.54 billion UNC Investment Fund.

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  11. PBGC to take over Reichhold pension plan

    trueThe PBGC will take over the defined benefit plan of Reichhold Inc., the agency announced Friday.

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  12. JPMAM: Corporate pension funding falls in 3rd quarter

    trueThe average funded status of pension plans of Russell 3000 companies fell slightly to 86.9% at the end of the third quarter,down 150 basis points from the end of 2013, due to “ebbing rates” and “moderate asset returns,” said a new Pension Pulse report from J.P. Morgan Asset Management.

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  13. Canada may ban pension funds from investing in sponsor's stock

    trueCanadian corporate pension plans would be banned from investing directly in their sponsoring company stock under a draft of federal regulatory changes announced late last month.

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