Defined Benefits

AIGs pension plan will be frozen effective 2016, continuing an industry trend of moving to defined contribution models.

Moodys said the IRS was expected to require sponsors to apply the new mortality assumptions this year but that the agency will not apply the new numbers until 2017.

The second largest pension fund in the U.S. might move 12 percent of its portfolio into comparatively safer global stocks, infrastructure, and Treasuries, CalSTRS documents revealed.

Dayton, Ohio-based Standard Register filed for bankruptcy and now its pension obligations have been taken on by the PBGC.

Actuaries who work with defined benefit and cash balance/hybrid plans are anticipating a surge in the latter, according to a new survey.

Sales of pension buyouts totaled $3.8 billion in the second quarter of 2015, a record for that period, according to the LIMRA Secure Retirement Institute.