U.S. corporate pension plans are estimated to be 100% funded for the first time since the Great Financial Crisis. In 2024, ...

The PBGC insures two types of defined benefit pension plans: single-employer pension plans, in which a company sets up a pension for its employees, and multiemployer pension plans, which cover ...

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Your employer should provide you with details about these and other important pension terms so you know what to expect. If you have any questions about the plan, direct them to your company's HR ...

You can make up for pension cuts by putting more money into a 401(k) plan if your company offers one. Contribute at least what's required to get the maximum employer match, typically 5 or 6 ...

NEW YORK, Jan. 02, 2025 (GLOBE NEWSWIRE) -- Despite strong U.S. equity market gains and rising long-term interest rates, the funded status of the nation’s largest corporate defined benefit (DB) ...

Employees of Seattle-based Weyerhaeuser Company filed a class-action lawsuit over the transfer of plan assets to Athene ...

Another national employer has been sued for its decision to transfer its pension obligations to an insurance company — but a different one than had been challenged in suits thus far.

The pension plans' liabilities exceeded their assets by about $9 million, according to the Pension Benefit Guaranty Corp., a federal agency that backstops private sector retirement plans.

A $5.9 billion pension liabilities transfer Verizon made last year to Prudential and RGA is at the center of the latest ...