PBGC Pays Out $5.6 Billion to Retirees of Failed Plans in 2017
Total amount paid remains the same as the number of retirees rises.
Total amount paid remains the same as the number of retirees rises.
Retailer will use proceeds from two loans to provide funding.
Reports from Northern Trust, Mercer show continued improvement.
LDI, pension risk transfers “likely” to increase as new tables, premiums take hold, experts say.
Single-employer program improves as deficit nearly halved to $10.9 billion.
Nearly 80% of all respondents are now contributing more than the minimum level of funding to their DB plans, survey says.
Report projects that the multiemployer program's deficit will rise to $80 billion in less than nine years.
Companies are increasingly considering annuitization and lump sums due to sharply rising premiums.
Pension becomes only the second fund to be approved for cuts under Klein-Miller.
Move means plan contributions, PBGC premiums may rise.
Fund faulted for using assumptions that contradicted its own information.
Report finds that healthy plans funding has risen, while critical plans have not.
Tax considerations, rising PBGC premiums drive move, Russell Investments says.