Pensions

Chris Christie, a Republican with less than 11 months left as New Jersey’s governor, must find a way to balance his final state spending plan after cutting taxes, pledging a higher pension contribution and disclosing a revenue shortfall.

With President Trump focused on healthcare reform and the DOL stepping up audits, advisers and employers should monitor plans closely.

It has cost the California Public Employees’ Retirement System about $900 million since September to reduce its exposure to stocks and private equities as the largest U.S. pension fund sought to reduce risk in its portfolio.

Chief investment officer says internal management gives taxpayers ‘a great deal.'

Despite a post-election rally on Wall Street, Willis Towers Watson analysis finds that companies remain slow to fully contribute to their plans.

The funds lack transparency and offer a “questionable” balance of risk and reward, according to the head of ABN Amro Group NV’s 26.2 billion-euro pension pot, which hasn’t invested in the industry for at least 12 years.

Proponents of defined-contribution plans envisioned them as supplements to defined benefit plans; they didn't anticipate that 401(k)s would largely replace pensions.

Proponents of defined-contribution plans envisioned them as supplements to defined benefit plans; they didn't anticipate that 401(k)s would largely replace pensions.

Despite a post-election rally on Wall Street, Willis Towers Watson analysis finds that companies remain slow to fully contribute to their plans.

Many pension plans are facing financial woes, with many of them reducing pension payouts to their beneficiaries.

The state is already paying $5.38 billion to the California Public Employees’ Retirement System this year, and in fiscal year 2018 the state will need to add at least $200 million more.

New York State Common Retirement Fund’s director of fixed income and two brokers are charged with accepting bribes in exchange for millions of dollars in fixed-income business, prosecutors say.

When it comes to at least one type of investing, U.S. pension funds should take a (maple) leaf out of their Canadian counterparts' playbook, says Bloomberg Gadfly columnist Gillian Tan.

The 2006 rule prompted private sector employers to cut or freeze pension plans, new research indicates.

The 2006 rule prompted private sector employers to cut or freeze pension plans, new research indicates.

The U.S. Labor Department granted temporary permission to five banks to continue managing certain U.S. pension funds after convictions of the banks or their units, potentially allowing the banks to move beyond their legal troubles over objections by some Democratic lawmakers.

The program that protects pensions could run out money by 2025 or sooner.

California Public Employees’ Retirement System votes to cut retirement benefits of Loyalton retirees.

Companies that do business in a double-breasted structure, and the attorneys who counsel them, should pay close attention to multiemployer benefit plan contribution obligations, experts say.

The agency’s assistant secretary shares some of the last-minute projects employers and retirement plan sponsors can expect before the end of this presidential term.