Defined Benefits

The San Francisco Employees Retirement System board will consider whether to add hedge funds to its asset allocation.

With fewer distressed MEPs to worry about, the PBGC could stave off its own financial woes.

The case is one of several class-actions in courts throughout the country claiming more than $2 billion of pension underfunding by church-affiliated health care systems.

The smart money is saying that IRS-imposed retirement plan benefit limits are set to increase in 2015.

Down days in the stock market drove down the funded status for typical U.S. corporate pension plans to 89.9 percent in September.

A judge says the pension funds claims against a city in bankruptcy are unsecured and arent superior to debts including unsecured bonds.

The holdings and investments in the 100 largest public-employee pension systems in the U.S. are at their highest level since 1968.

Prudential Financial Inc., the second-largest U.S. life insurer, agreed to take on $1.4 billion of pension liabilities from Bristol-Myers Squibb Co. as the drugmaker works to limit retirement obligations.