Defined Benefits

The CBO has examined several policy proposals that "could" improve the financial health of critically underfunded multiemployer plans, and potentially reduce claims to PBGC. Is a bailout next?

The Dallas Police and Fire Pension System was 90 percent funded a decade ago -- but it could be out of cash in 15 years.

The California State Teachers Retirement System, the second-largest U.S. public pension fund missed its return target for the second straight year.

Companion legislation has been introduced in the Senate to the Pension Budget and Integrity Act around counting revenues to the Pension Benefit Guaranty Corp. within the general federal budget.

A review of 124 multiemployer pension plans by Moodys shows they were collectively underfunded. Will they be able to meet future pension obligations?

The board of administration of the California Public Employees Retirement System (CalPERS) has announced the pension fund's new chief executive officer.