Defined Benefits

The funding ratios of U.S. corporate plans is now in positive territory for 2015.

The two pensions sponsored at the state level in Pennsylvania could have unfunded liabilities of $65 billion by 2021.

Pension obligation bonds being pitched as a remedy to plan funding woes in two states meet a mixed fate from lawmakers.

The plans combined cover over $3.3 billion in assets for more than 12,600 employees.

A former automotive mogul and trustee to several pension plans has been banned from being a fiduciary by a federal judge and ordered to pay restitution for illegally using plan assets.

Consumer advocates worry that participants potentially face a reduction in their retirement assets when they accept a lump-sum offer.