Defined Benefits

Fewer employers offer a defined-benefit plan but where they do, the PBGC decision could help encourage participants looking for a guaranteed lifetime income stream.

Illinois legislative fix for its $111 billion pension funding shortfall violates the states constitution, a judge ruled today in striking down the 2013 measure.

Some of the measures used to calculate the financial condition of state public pensions can give even the best actuaries a headache.

The Boston College Center for Retirement studies thinks it may have a new way to help sponsors of public pension funds understand how they're performing.

States, according to a budget reform group, are often guilty of exacerbating the high discount rate problem by not making the necessary annual contributions to the(ir) pension funds.

Should we let the PBGC well run dry and then jam through a taxpayer-funded bailout?

As bleak as the PBGCs multiemployer program balance sheet is, the indisputable fact is plenty of multiemployer plans are performing well.

According to its study, the DoD could save between $1.8 billion and $4.4 billion annually by making some changes to its retirement policies.