Defined Benefits

The Pension Benefit Guaranty Corp. will begin paying the retirement benefits of almost 2,000 current and future retirees of a Richmond, Virginia-based mining company.

The IRS may have made the murky world of retirement plan compliance a bit easier for sponsors to manage.

We are unlikely to know the full impact of Calperss decision for some time. It will, however, be influential.

Fitch says Pennsylvania faces fiscal pressures in the form of a structurally unbalanced budget, depleted reserves and a rapidly growing pension cost burden.

The ERISA Industry Committee has come out in support of proposed legislation that would provide relief from ongoing nondiscrimination testing for frozen defined benefit plans.

The shift to more cautious investing is seen as a fundamental change, not a short-term trend.