U.S. corporate pension plans are estimated to be 100% funded for the first time since the Great Financial Crisis. In 2024, ...
Pensions of Mohawk Fine Papers in Cohoes, terminated by the company in February, were taken over in mid-November by the ...
British pension insurance deals totalled 45 billion pounds ($56.03 billion) in 2024, with 40 billion to 50 billion pounds in ...
A group of ex-Verizon employees filed the latest lawsuit challenging the efficacy of insurance companies managing pension ...
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.
Verizon Communications Inc. was hit with a proposed class action Monday by retirees who say it improperly shifted pension ...
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) ...
Credits to Wolfe Research. “Given the significant improvement in pension funding levels and overall higher rate environment of the last several years, companies have been exploring various ...