Serving federal employees who simultaneously draw salaries and pensions will also be affected, addressing a longstanding inefficiency in the system. Critics argue that such measures should have ...

“Strong gains in the stock market and rising interest rates would traditionally have helped to strengthen the overall financial health of corporate pension plans,” said Joseph Gamzon, managing ...

If a pension system fails to meet that “Safe Harbor” requirement ... through fiscal year 2045 to tie the salary cap to the Social Security wage base and improve the rate of the annual cost of living ...

Changes that would make Illinois pension systems compliant with Social Security by improving benefits for government ...

China on Wednesday announced interim measures for the implementation of a flexible retirement system to enforce the ...

The triple lock system sees the state pension rise in line with whatever is highest out of: wages for May to July, 2.5% or September's inflation figure. Growth in employees' average total ...

WTW examined pension plan data for 361 Fortune 1000 companies that sponsor U.S. DB pension plans and have a December fiscal year-end date. The aggregate pension funded status of these plans at the ...

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) ...