Overall, 2013 was a very strong year for corporate pension plans, with the average funding ratio rising by about 17 percentage points due to strong investment returns of 4.7 percent
The organization, which is the largest independent securities regulator in the U.S., warned that it will make reviewing firm practices in this area a top priority in 2014.
As defined benefit plans continue to disappear, more American workers are relying on defined contribution plans, such as 401(k)s, to save for retirement.
The U.S. Court of Appeals for the Second Circuit remanded a lawsuit against the company over how its pension benefits were calculated back to a district court.
The DOL's Thomas Perez has been meeting with senators over the past month to try and bring them over to his way of thinking: that anyone who gives investment advice to retirees should be held to the same high standards.