Defined Benefits

The amendment also would raise federal government tax revenues by $14 million between 2015 and 2024, the CBO said.

New York states pension fund is giving Goldman Sachs Asset Management $2 billion to invest in global stocks.

The Center for Retirement Research estimates that about 35 percent of multiemployer retirement plans will exhaust their assets over the next 30 years.

The funded status of the 100 largest U.S. corporate defined benefit plans fell by $22 billion in August, despite market gains that brought in $24 billion, according to the latest Milliman report.

Warren Buffetts Berkshire Hathaway Inc. didnt break promises on retirement benefits to employees of a brick-making business it acquired in 2000, the company said in a challenge to a lawsuit filed last month.

Five of these large employers shifted out of their defined benefit program and into a defined contribution plan in 2013, leaving 118 still doing so.