Defined Benefits

The agency doesn't think it's much of a burden to ask employers to do so, but critics think otherwise.

Benefit reductions for workers in insolvent multiemployer plans are projected to be much more common, and larger, than cuts participants have had to take to date.

The state doesnt have the ability to absorb the full, unfunded liability.

TIAA-CREF has been chosen by the Oklahoma State/A&M Board of Regents as the sole recordkeeper for plans covering nearly 12,000 employees.

Amid all the press about unfunded liabilities and legal battles, some public pension systems manage, and are managed, quite well.

The majority of pension buyouts are handled via lump-sum payments but annuities are grabbing a greater piece of the piece.