Defined Benefits

Declining discount rates since 2007 have had a major negative impact on pension plans at some of the largest companies in the United States.

California Democrats introduced a bill in the state senate urging state pensions CalPERS and CalSTRS not to invest future pension funds in Russia, citing that governments treatment of LGBT people.

Diebold is shutting down its pension plan and offering voluntary early retirement to about 1,200 eligible employees.

The EBRI found that between 2005 and 2010 just 27.3 percent of those covered by a DB pension plan chose an annuity vs. taking a lump-sum payout.

Newly released details of the MBTA's pension program show that more than one-third of the transit agency's former employees getting pensions retired before the age of 55 and more than a thousand started collecting pensions in their 40s.

Numerous changes to the retirement industry in the past decade apparently havent had much effect on participation rates among married couples.

Hurdles remain but as employers found with pension obligations, where theres a will, theres a way. And the PPACA may represent the solution they have been seeking, says Aon.

According to BNY Mellon Investment Strategy & Solutions Group, the funded status of U.S. corporate pensions rose 1.6 percentage points to 88.2 percent.