Union pension plans

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

  1. Trump Entertainment can't stop funding union pension plan, judge says

    trueTrump Entertainment Resorts, the bankrupt Atlantic City, N.J., casino owner, was denied court approval to immediately stop contributing to a union pension fund, a blow to its restructuring effort that threatens the future of its remaining casino.

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  1. Alaska pension fund alleges 13 banks colluded on derivatives benchmark

    trueAlaska Electrical Pension Fund, Anchorage, filed a lawsuit Thursday charging that 13 banks conspired to fix the ISDAfix benchmark rate, a “key interest rate for a broad range of interest rate derivatives and other financial instruments,” according to the filing.

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  2. Dutch mineworkers transfer pension plan assets to Aegon

    trueStichting Algemeen Mijnwerkersfonds van de Steenkolenmijnen in Limburg, Heerlen, Netherlands, has transferred the pensions of 28,000 participants to insurer Aegon.

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  3. 3 report asset owner universe returns for the second quarter and year

    trueThe median return of all plans in the BNY Mellon U.S. Master Trust Universe was 3.74% in the second quarter ended June 30

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  4. Keeping the PBGC from being the next bailout recipient

    trueA series of recently issued reports have addressed various governance and financial challenges facing the Pension Benefit Guaranty Corp. The takeaway from all of them is that unless changes are made in the way the federal pension insurance system is governed and financed, there is a heightened risk ...

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  5. 105 years old, still drawing a pension

    trueShe is more than 105 years old and still collecting pension benefits from the Teamsters Central States, Southeast & Southwest Conferences Pension Fund.

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  6. 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.

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  7. Kroger restructures multiemployer pension fund participation

    trueKroger Co. is restructuring its participation in some multiemployer pension funds.

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  8. 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.

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  9. 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.

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  10. 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.

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  11. 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 ...

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  12. 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.

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  13. 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.

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