Defined Benefits

Nearly half of the $700 billion increase in corporate pension liabilities since 2008 resulted from falling interest rates, according to Moodys Investors Service.

Most collectively bargained multiemployer pension plans are said to be in sound financial condition, but a closer look at the numbers by one pension consultant reveals that participants face an uncertain future.

The Pension Benefit Guaranty Corporation (PBGC) is looking at the patterns in risk transfer activity as companies seek to eliminate pension benefit obligations.

Prudential Financial Inc., which expanded in recent years by acquiring units from rivals that were narrowing their focus, would be open to additional deals to add blocks of life insurance coverage or pension assets, its CEO said.

Despite public pension funds' tightening operations, some are still paying unusually high investment management fees, says an NCPERS study.

The estimated aggregate funding level of pension plans sponsored by S&P 1500 companies fell in November, thanks to these 2 factors.