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U.K. corporate pension funding deficit rises 5.5% in March
trueThe total deficit of all U.K. corporate defined benefit funds increased 5.5% in March to £269 billion ($402 billion), JLT Employee Benefits’ latest analysis shows.
Aon Hewitt: Canadian pension plans continue to see funding declines
trueThe median funded status of Canadian defined benefit plans administered by Aon Hewitt was 89% as of Tuesday, down 1.6 percentage points from the end of 2014 and the first time the level fell below 90% since September 2013.
Kansas House approves $1.5 billion in pension obligation bonds
trueThe Kansas House of Representatives voted Wednesday to issue $1.5 billion in pension obligation bonds for the Kansas Public Employees Retirement System, Topeka.
Kentucky pension obligation bond bill fizzles out as legislative session ends
trueA bill to help prop up the Kentucky Teachers' Retirement System with $3.3 billion in pension obligation bonds fell apart Wednesday after state lawmakers failed to sign off on the proposal before the legislative session ended.
truePublic pension funds will continue to shape public policy, budgets and potentially credit quality for states, said a report from Standard & Poor's.
Milliman: Multiemployer pension funding ratios drop slightly in 2014
trueThe aggregate funded status of U.S. multiemployer pension plans fell slightly to 80% in 2014, down one percentage point from the end of 2013, as liabilities rose faster than assets, said a report from Milliman.
U.K. companies increasing pension fund amortization periods
trueCompanies are increasingly lengthening their pension fund amortization periods by three years or more in an effort to relieve pressure on repairing funding gaps, new research shows.
Kentucky pension obligation bonds in limbo with Legislature divided on bill
trueKentucky lawmakers remain divided over a bill to issue $3.3 billion in pension obligation bonds.
U.K. corporate pension funding rebounds in February to 83.6%
trueThe aggregate deficit of occupational pension funds covered by the U.K. Pension Protection Fund’s 7800 index decreased 32.3% to £248.7 billion ($374.8 billion) in February.
NISA: Funded status volatility index falls in February
trueNISA Investment Advisors' Pension Surplus Risk index dropped 40 basis points in February to 9.9%.
Milliman: February funded status gains help offset dismal January results
trueThe funded status of the 100 largest U.S. corporate defined benefit plans improved to 83.3% at the end of February, up 370 basis points from January, the Milliman 100 Pension Funding index shows.
Corporate contributions top $17 billion to start 2015
trueFifty-one companies so far have announced they will contribute a combined $17.35 billion to their pension funds in 2015.
Healthcare of Ontario Pension Plan returns 17.71% in 2014; funded status at 130%
trueHealthcare of Ontario Pension Plan returned 17.71% on its investments in 2014, on the strength of its liability-driven investing strategy.
Wilshire: State pension plans' funding ratios rise 6 percentage points in fiscal year 2014
trueThe funding ratio of 131 state defined benefit plans rose 6 percentage points to 80% in fiscal year 2014, said a report from Wilshire Consulting.
'$20 billion club' sees liabilities jump in 2014 on new mortality tables, falling rates
trueThe collective funded status of 19 U.S. publicly listed corporations with more than $20 billion in pension liabilities, fell in 2014 as liabilities rose faster than assets. said an annual report from Russell Investments.