Defined Benefits

The good news is that the average plan, according to the National Association of State Retirement Administrators, received 89.3 percent of its annual required contribution.

ICMA-RC will administer more than $1.3 billion in assets in the 457 and 401(a) plans for the District of Columbia.

The U.S. Treasury officially suspended some investments of federal employee pension funds, a part of the extraordinary measures the feds will meant to keep the country funded while Congress reconsiders the statutory debt limit.

Most state and local governments have fully funded their annual pension obligations over the past dozen or so years, with only a small number failing to do so.

The IASB has set out to develop an approach to pension accounting that works for all types of schemes.

The agency doesn't think it's much of a burden to ask employers to do so, but critics think otherwise.

Benefit reductions for workers in insolvent multiemployer plans are projected to be much more common, and larger, than cuts participants have had to take to date.

The state doesnt have the ability to absorb the full, unfunded liability.