Defined Benefits

The funded status of the 100 largest corporate defined benefit pension plans improved by $106 billion in January.

The funded status of the typical U.S. corporate pension plan jumped to 81.2 percent in January, its highest level since March 2012.

The accounting deficit of defined benefit pension schemes in the United Kingdom increased in January.

A proposal to end guaranteed pensions for new teachers, state and county workers and other public employees began moving through the Florida Legislature on Thursday.

A bill scheduled for consideration today in the Government Operations Subcommittee of the Florida House of Representatives would weaken a healthy retirement system, raise taxpayer costs and force more Floridians to rely on social services, according to opponents.

The Treasury Department said Wednesday that it has resumed borrowing now that Congress has approved a temporary measure that allows the government to take on billions of dollars in debt to fund its most basic operations.