Defined Benefits

Sharp gains in investment earnings have put the South Dakota Retirement System in even better shape to pay the retirement benefits of thousands of state, county, city and school employees, officials said Thursday.

A strong equity market, a slight increase in interest rates and increased company contributions boosted the solvency of Canadian defined benefit pension plans during the first quarter of 2013.

Legislation authorizing $1.5 billion in bonds to bolster the Kansas pension system for teachers and government workers has stalled in the state Senate, and one advocate said Wednesday that the bill is dead in the water.

The DOL doesnt want it to be a secret, so it spells out exactly what it expects from the 401(k) plan sponsor and any other fiduciary.

Specialty materials and chemical products company Celanese said Tuesday that it is changing the accounting policy for its defined benefit pension plans and other benefit plans used by retirees.

Total holdings and investments of major public pension systems reached their highest level since their peak in 2007, according to the U.S. Census Bureaus Quarterly Survey of Public Pensions for the fourth quarter of 2012.

If someone is able to retire on time and with enough money to live comfortably throughout their retirement, was it luck, discipline or some other factor that allowed them to do it?

Wisconsin's pension fund managers were given more than $8 million in bonuses as a reward for strong investment returns, nearly double what they received last year, according to records released to The Associated Press on Friday.