Union pension plans
News and video about Union pension plans from Pensions & Investments.
NOW: Pensions announces changes to investment fund
trueExecutives at multiemployer trust NOW: Pensions, London, have made changes to the plan following announcements in the U.K. budget.
Kroger restructures multiemployer pension fund participation
trueKroger Co. is restructuring its participation in some multiemployer pension funds.
Pension funds oppose Chipotle executive pay
trueThree pension funds, Institutional Shareholder Services and Glass Lewis & Co. have lined up against Chipotle Mexican Grill Inc.'s executive pay package for Steve Ells, chairman of the company's board and co-CEO; Montgomery F. Moran, co-CEO; and two other top executives.
Rep. Roe wins public service award for multiemployer pension reform efforts
trueRep. Phil Roe, R-Tenn., received the International Foundation of Employee Benefit Plans' Public Service Award on Tuesday.
Wilshire TUCS: 1st quarter produces investment gains for all plan types
trueTrusts in the Wilshire Trust Universe Comparison Service returned a median 1.66% during the first quarter of 2014 and median return of 11.09% for the year ended March 31.
Shareholders approve prohibiting accelerated vesting at 2 companies
trueValero Energy Corp. and Gannett Co. shareholders approved in separate voting groundbreaking shareholder proposals prohibiting the acceleration of vesting of executive incentive equity awards in the event of a change in control of the companies, according to proxy-voting results provided by the ...
InvestorForce universes return 1.54% in the quarter
trueInvestorForce Plan Universes funds had a median return of 1.5% in the quarter and 10.7% for the year ended March 31.
UAW Retiree Medical Benefits Trust's public equities managing director resigns
trueWoody Tyler, managing director, public equities, at the $52 billion UAW Retiree Medical Benefits Trust, Ann Arbor, Mich., has resigned, said spokesman Matt Wood.
Pension funds lose securities lending suit against Wells Fargo
trueWells Fargo & Co. did not breach its fiduciary duty when several pension funds lost money through the bank's securities lending program, a federal court judge in St. Paul, Minn., has ruled.
Pensions Trust CEO quits
trueStephen Nichols resigned as CEO of The Pensions Trust.
Franklin Resources shareholders elect all directors, reject proposal on genocide divestment
trueFranklin Resources Inc. shareholders on Wednesday elected all directors to the board and rejected a shareholder proposal calling for the company's investment management units to divest companies that contribute to genocide, all results that bucked contrary voting positions by some large pension ...
Sacramento Regional Transit District seeks custodian for 2 pension funds
trueSacramento (Calif.) Regional Transit District is searching for a custodian for its two defined benefit pension funds, confirmed Colleen Trant, procurement analyst.
Multiemployer plans well on road to recovery, report says
trueMultiemployer defined benefit plans hurt by the 2008 financial crisis are recovering as markets improve and trustees make adjustments, according to a new report from the International Foundation of Employee Benefit Plans and Horizon Actuarial Services.
PBGC eyes little-used tool for plan insolvencies
truePBGC management hopes to take greater advantage of a little-used tool for restructuring multiemployer pension plans, as the number of candidates likely to seek the agency's help grows.
PBGC restructures multiemployer plan, takes over Hostess payments
trueThe Pension Benefit Guaranty Corp. restructured a multiemployer pension plan and took over benefit payments for former Hostess Brands participants, allowing the Bakery and Sales Drivers Local 33 Industry Pension Fund in Baltimore to remain solvent, the agency announced Friday.