Defined Benefit Pension - Business ExchangeMost Active Articles2009-11-24T03:10:07.308-05:00Business ExchangeBusiness_Exchange@businessweek.comurn:com:businessweek:bx:topic:most-active:defined-benefit-pensionJoseph Weberjweber579How to Avoid Freezing Your Defined Benefit Pension Planurn:com:businessweek:bx:article:3719151637537209742-b392e327e9a9c83dfd9728ca7281a80a2009-11-03T12:21:10.867-05:00There is no reason for an employer to freeze a defined benefit plan that it is otherwise inclined to continue.There is no reason for an employer to freeze a defined benefit plan that it is otherwise inclined to continue.humanresourcesiq.comhttp://www.humanresourcesiq.com/article.cfm?externalid=1423&shownewswindow=1&mac=HRIQ_Ext_SMO_BX_Q409&SID=BX&utm_campaign=BX&utm_medium=SMO&utm_source=e-bim&utm_content=Nov3news&utm_term=BXKatherine Mehr (HR IQ)kmehr2173300FASB Staff Position No. FAS 132(R)-1: Employers' Disclosures about...urn:com:businessweek:bx:article:8979993504562999417-ca024859754d34a35af1e631e5cde20f2009-01-06T00:05:00.000-05:00132 (revised 2003), Employers' Disclosures about Pensions and Other ... an employer's disclosures about plan assets of a defined benefit pension or...132 (revised 2003), Employers' Disclosures about Pensions and Other ... an employer's disclosures about plan assets of a defined benefit pension or...Retirement Radarhttp://feedproxy.google.com/~r/retirementradar/~3/4olaacWvQdM/fsp_fas132r-1.pdf828200Pensions Ticking ‘Time Bomb’ for Publishers - Bankruptcy Beaturn:com:businessweek:bx:article:1822108830022477519-b35dac540ade338aa63f7ccb9870af462009-10-04T12:44:14.151-04:00The newspaper industry is confronting what the auto industry and others have come to learn – allowing your pension plans to become underfunded can come back to bite you in a big way. According to Editor & Publisher, underfunded...The newspaper industry is confronting what the auto industry and others have come to learn – allowing your pension plans to become underfunded can come back to bite you in a big way. According to Editor & Publisher, underfunded...blogs.wsj.comhttp://blogs.wsj.com/bankruptcy/2009/09/28/pensions-ticking-%E2%80%98time-bomb%E2%80%99-for-publishers/Suzanne Woolleyswoolley5411100Philadelphia Papers Faulted by PBGCurn:com:businessweek:bx:article:12457251039438099735-a2932ce2898c9c4910d3d493f28ad6eb2009-10-04T12:42:25.510-04:00The Pension Benefit Guaranty Corp. is objecting to Philadelphia Newspapers LLC's bankruptcy blueprint, saying the publisher of the Philadelphia Inquirer hasn't made clear how it will address its pension obligations.The Pension Benefit Guaranty Corp. is objecting to Philadelphia Newspapers LLC's bankruptcy blueprint, saying the publisher of the Philadelphia Inquirer hasn't made clear how it will address its pension obligations.online.wsj.comhttp://online.wsj.com/article/SB125409124090044737.htmlSuzanne Woolleyswoolley5410000Nearly Half of Defined-Benefit Plans Closed to New Participants, Survey Findsurn:com:businessweek:bx:article:12711424931254291100-dad77e13abd3d86e52b6177fa9a9c48b2009-04-20T12:30:09.410-04:00Forty-four percent of companies with defined-benefit plans have closed their plans to new participants, and 3 percent are planning to do so in the next 18 months.Forty-four percent of companies with defined-benefit plans have closed their plans to new participants, and 3 percent are planning to do so in the next 18 months.workforce.comhttp://www.workforce.com/section/00/article/26/34/36.phpLauren Younglyoung404151500Under Bankruptcy, GM Pensions Would Be at Riskurn:com:businessweek:bx:article:17223762311453028252-82b9758ed076535a73a10553631cfa022009-04-09T00:05:00.000-04:00...for what may be $16 billion in pension losses if the Pension Benefit Guaranty Corp....for what may be $16 billion in pension losses if the Pension Benefit Guaranty Corp.Retirement Radarhttp://feedproxy.google.com/~r/retirementradar/~3/EyJfKzFe7qo/news161600Why Pensions Are Probably Safeurn:com:businessweek:bx:article:7181968536208793486-9d239920e7f232c0598772d4573b85332008-10-23T22:08:46.537-04:00BW's Nanette Byrnes: Experts say retirees with traditional defined-benefit pensions have little to worry about. If you're reliant on a 401(k), there is reason to be concerned. Here are some answers to the questions all this raises for those near or in retirement: BW's Nanette Byrnes: Experts say retirees with traditional defined-benefit pensions have little to worry about. If you're reliant on a 401(k), there is reason to be concerned. Here are some answers to the questions all this raises for those near or in retirement: BusinessWeekhttp://www.businessweek.com/bwdaily/dnflash/content/oct2008/db20081023_934427.htmShirley Bradysbrady224333300Company Pensions Need $109 billion in Cashurn:com:businessweek:bx:article:17888073487086491755-be635f35fdaa09fe18bd7eaa51bf11f72009-01-13T15:51:16.993-05:00 The bad news just keeps getting worse for companies that offer workers a traditional pension plan. According to pension experts at consulting firm Watson Wyatt, companies with defined benefit pensions are going to have to come up with $109 billion in cash to shore up their pension plans this year. And another $103 billion next year. That’s up from $38 billion in 2007. The bad news just keeps getting worse for companies that offer workers a traditional pension plan. According to pension experts at consulting firm Watson Wyatt, companies with defined benefit pensions are going to have to come up with $109 billion in cash to shore up their pension plans this year. And another $103 billion next year. That’s up from $38 billion in 2007. BusinessWeekhttp://www.businessweek.com/careers/managementiq/archives/2009/01/company_pension.html?chan=top+news_top+news+index+-+temp_news+%2B+analysisLauren Younglyoung404141400 It’s crunch time for corporate pensions in the US, urn:com:businessweek:bx:article:18400810001709910087-2b8de9765bd29f3efb56c3b7b23743a02008-12-05T13:34:02.049-05:00Companies start implementing the early stages of the Pension Protection Act of 2006 ( PPA) at what is quite feasibly, the worst possible time.Companies start implementing the early stages of the Pension Protection Act of 2006 ( PPA) at what is quite feasibly, the worst possible time.ftalphaville.ft.comhttp://ftalphaville.ft.com/blog/2008/12/05/50064/pensions-prepare/Adrienne Carteracarter660131300The Hidden Pension Threaturn:com:businessweek:bx:article:12980544792753273493-e608c751cadbcdd0f5c05faf6232566e2008-12-05T13:31:21.583-05:00New rules are hitting companies that are already down, and could make a painful recession worse New rules are hitting companies that are already down, and could make a painful recession worse BusinessWeekhttp://www.businessweek.com/magazine/content/08_50/b4112040140636.htm?chan=magazine+channel_in+depthAdrienne Carteracarter660131300Unions Reach Deal With Chryslerurn:com:businessweek:bx:article:9756972117444846601-5b260aab71187e34165de6be04c92bfb2009-04-26T21:00:00.000-04:00a reorganized Chrysler and half with cash paid out over time. The government will also essentially protect its pension plan. Below is the full release by the U.A.W. UAW reaches settlement agreement with Chrysler, Fiat and U.S. Government The UAWa reorganized Chrysler and half with cash paid out over time. The government will also essentially protect its pension plan. Below is the full release by the U.A.W. UAW reaches settlement agreement with Chrysler, Fiat and U.S. Government The UAWNew York Timeshttp://c.moreover.com/click/here.pl?r1944545388&f=97917700Stocks Weigh Down U.S. Pension Fundsurn:com:businessweek:bx:article:16876149983627937223-54000f78468f91441596175f076c859b2009-02-20T19:20:08.420-05:00A new study, U.S. Pension Reform: Lessons From Other Countries, commissioned by the Ford Foundation to look at how U.S. pension funds stack up to their counterparts overseas reveals that the equity weighting — or the percentage of a funds' monies devoted to stocks — is much higher in American funds. That means your nest egg is more fragile than you imagined.
A new study, U.S. Pension Reform: Lessons From Other Countries, commissioned by the Ford Foundation to look at how U.S. pension funds stack up to their counterparts overseas reveals that the equity weighting — or the percentage of a funds' monies devoted to stocks — is much higher in American funds. That means your nest egg is more fragile than you imagined.
npr.orghttp://www.npr.org/templates/story/story.php?storyId=100818937Suzanne Woolleyswoolley5415500Union frustrated with Vale Inco pension planurn:com:businessweek:bx:article:10329564241621308820-cfd0a818fec36b80cd028f26e52394a62009-03-05T13:40:00.000-05:00Source: The Star...Source: The Star...Canadian labour news from LabourStarthttp://www.thesudburystar.com/ArticleDisplay.aspx?e=14640189900£240bn final-salary pension deficit threatens to swamp lifeboaturn:com:businessweek:bx:article:8017781618034798280-b2cdca5e117a92b8a6f0a9a61b823a522009-04-14T04:28:00.000-04:00defined-benefit pension schemes face a net funding shortfall of £242bn – more than 10 times the aggregate deficit recorded a year ago. Figures compiled by the government's Pension Protectiondefined-benefit pension schemes face a net funding shortfall of £242bn – more than 10 times the aggregate deficit recorded a year ago. Figures compiled by the government's Pension ProtectionGuardian Unlimitedhttp://c.moreover.com/click/here.pl?r1922046732&f=97915500Fate of pension and 401(k) in a buyout?urn:com:businessweek:bx:article:14478774596426690090-2528c5e973dab5f824603daa814aaeb22008-09-17T09:40:00.000-04:00If you have a defined benefit pension -- for example, they agree to pay you...If you have a defined benefit pension -- for example, they agree to pay you...The Wall Street crisis and youhttp://charlotteobserver.blogspot.com/2008/09/fate-of-pension-and-401k-in-buyout.html121110Top US corporate pensions down by $120bnurn:com:businessweek:bx:article:9712999868736064767-d96cea7ecd8aa55be06d6afcd94fcc3e2008-12-05T13:35:05.562-05:00 The assets of the 100 biggest US company pension plans fell by an estimated $120bn in October The assets of the 100 biggest US company pension plans fell by an estimated $120bn in October ft.comhttp://www.ft.com/cms/s/0/6db95d80-b511-11dd-b780-0000779fd18c.htmlAdrienne Carteracarter6608800Bad news ahead for pensions plansurn:com:businessweek:bx:article:15019481090394652557-ecc77fc9f115a91686531fd38780289a2008-11-15T20:05:44.992-05:00up from 89% in 2006, according to a recent Mercer report. The bad news? A growing number of defined-benefit pension plans, especially small- to-mid-sized plans, could be in trouble this year because of the struggling stock market combined with aup from 89% in 2006, according to a recent Mercer report. The bad news? A growing number of defined-benefit pension plans, especially small- to-mid-sized plans, could be in trouble this year because of the struggling stock market combined with aMarketWatchhttp://c.moreover.com/click/here.pl?r1691295695&f=9791111100Study of Risk Management Attitudes and Aptitude Among Defined...urn:com:businessweek:bx:article:10818913413018779752-fea272d4cbb4181842d644d99f8567022009-02-01T19:38:00.000-05:00Excerpt: "When MetLife set out to commission research of the leading U.S. defined benefit pension plans, we did so with two goals in mind.Excerpt: "When MetLife set out to commission research of the leading U.S. defined benefit pension plans, we did so with two goals in mind.Ret plans - design (BenefitsLink.com)http://www.pensionriskmatters.com/uploads/file/MetLife_US_PensionRiskBehaviorIndex_FINAL_1-26-09(1).pdf7700Saving Britain's broken bankurn:com:businessweek:bx:article:8481868718059303808-c23b7a4671c6222d00cb505425565eae2009-04-28T23:46:00.000-04:00was voted down by more than a 90% margin. The government was signaling its disapproval of a $1-million-a-year pension plan for Goodwin that the board had approved in October. The act was largely symbolic: Under pressure, all but two of the directors hadwas voted down by more than a 90% margin. The government was signaling its disapproval of a $1-million-a-year pension plan for Goodwin that the board had approved in October. The act was largely symbolic: Under pressure, all but two of the directors hadCNN Moneyhttp://c.moreover.com/click/here.pl?r1950286782&f=97914400Fund made timely bond forayurn:com:businessweek:bx:article:7678571743511029534-6e1febfaecaaab3a83b31e7da2872f722009-03-25T04:17:00.000-04:00scoop up billions of dollars of fixed-income securities. More than a year later, the low-profile Hospitals of Ontario Pension Plan (HOOPP) has come forward to acknowledge it was the buyer. Canada's fifth-largest pension plan says the purchases were partscoop up billions of dollars of fixed-income securities. More than a year later, the low-profile Hospitals of Ontario Pension Plan (HOOPP) has come forward to acknowledge it was the buyer. Canada's fifth-largest pension plan says the purchases were partGlobe Investorhttp://c.moreover.com/click/here.pl?r1886213070&f=97915500GM pension - who's responsible?urn:com:businessweek:bx:article:6014361420835644392-43b6c7f77f37232a54a173161b84352a2009-03-07T21:29:00.000-05:00s because of the government approval to give [GM Canada] some relief in the area of funding the pension plan.' Provincial officials have so far made no commitments to take on GM's pension, but they will undoubtedly feel pressure to act. GM's liabilitys because of the government approval to give [GM Canada] some relief in the area of funding the pension plan.' Provincial officials have so far made no commitments to take on GM's pension, but they will undoubtedly feel pressure to act. GM's liabilityGlobe and Mailhttp://c.moreover.com/click/here.pl?r1857715435&f=97916600Retirement Wreck: Are 401(k)s Still Viable for Saving?urn:com:businessweek:bx:article:15388790095644416018-7eae9e916a63b3db03959e09ae0b63d72008-10-17T20:10:14.896-04:00the flaws of Wall Street has also exposed the vulnerability of America's retirement system. Employers have increasingly abandoned traditional pensions, forcing workers to rely on 401(k)s and similar plans that have a lot more exposure to the stockthe flaws of Wall Street has also exposed the vulnerability of America's retirement system. Employers have increasingly abandoned traditional pensions, forcing workers to rely on 401(k)s and similar plans that have a lot more exposure to the stockWashington Posthttp://c.moreover.com/click/here.pl?r1641835116&f=97918611Court rules Oneida must pay PBGC for pension termination - Pensions...urn:com:businessweek:bx:article:712797743663362019-edfb053da0488a49bc4b1d63bfd9a9612009-04-10T15:03:00.000-04:00Oneida must pay PBGC for pension termination. Pensions & Investments...Oneida must pay PBGC for pension termination. Pensions & Investments...Retirement Radarhttp://feedproxy.google.com/~r/retirementradar/~3/81dOY0y0fis/url4400Pension Plans' Long-Term Stability 'Vulnerable': GAOurn:com:businessweek:bx:article:11016839652566788811-9a7a06e7a34bd68985c3144b84fc78eb2009-03-30T04:18:00.000-04:00CNBC Senior Correspondent The Government Accountability Office warns in a new study that the long-term stability of traditional, defined benefit pension plans 'is now vulnerable to the broader trends of eroding retirement security.' Millions of AmericansCNBC Senior Correspondent The Government Accountability Office warns in a new study that the long-term stability of traditional, defined benefit pension plans 'is now vulnerable to the broader trends of eroding retirement security.' Millions of AmericansCNBChttp://c.moreover.com/click/here.pl?r1895572738&f=97915500Supreme Court Maternity-Leave Ruling: How Far Have Working Women Come? - The Juggleurn:com:businessweek:bx:article:7130192808101971697-59fe2d5e237065358d03b2b6f3d6d0732009-05-18T17:00:02.845-04:00While the Supreme Court’s new ruling on some hot-button issues – fair payment of pensions and corporate treatment of maternity leaves – is regarded as a setback for working mothers, it also serves as a reminder of how far women have come.While the Supreme Court’s new ruling on some hot-button issues – fair payment of pensions and corporate treatment of maternity leaves – is regarded as a setback for working mothers, it also serves as a reminder of how far women have come.blogs.wsj.comhttp://blogs.wsj.com/juggle/2009/05/18/supreme-court-maternity-leave-ruling-how-far-have-working-women-come/Lauren Younglyoung4040000