Defined Benefits

Because of changes in actuarial math, Minnesota's pension system was transformed from one of the best funded state systems in 2016 to the seventh worst.

If pensions plans are caught wrong-footed -- like they were in busts earlier this century -- it can quickly spell higher costs for employers.

Pension plans provide retirement income of course -- but they're also shareholders voting proxies on investment holdings.

Most collectively bargained multiemployer pension plans are in good shape, but you wouldn't know it by reading the headlines.

Notices sent to DB plan participants called the Annual Funding Notice for Defined Benefit Plans (AFN) need to be updated to better help participants, the American Academy of Actuaries says.

If people dont end up living as long as they were projected to just a few years ago, their employers ultimately wont have to pay them as much in pension and other lifelong retirement benefits.