Defined Benefits

Most multiemployer plans are posting funding levels that rival defined benefit plans, this survey shows.

Liabilities dropped, improving pension-funding ratios, in spite of new mortality tables.

The Keep Our Pension Promises Act of 2015 was introduced yesterday by Sen. Bernie Sanders, to repeal the Kline-Miller Multiemployer Pension Reform Act. It would prohibit trustees from reducing retirees benefits.

Underfunded, multiemployer pension plans are the subject of new U.S. Treasury regulations released today in support of the Kline-Miller reform act, with Kenneth Feinberg appointed to oversee them.

Hewlett Packard offered lump-sum pension buyout payments totaling $810 million this year.

Rising premiums continue to increase defined benefit plan sponsors liabilitiesand employers are taking action.