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contribution and pension benefit guaranty corp.
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defined contribution plan (172 results)
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- Union sues United officers to secure pension funding.(News)(International Assn. of Machinists & Aerospace Workers sues United Airlines)
- Byline: JERRY GEISEL CHICAGO-United Airlines machinists last week filed suit in U.S. District Court in Chicago seeking to force the bankrupt airline to resume contributions to its massively underfunded pension plans. In July, United said it woul Byline: JERRY GEISEL ...
- Research articles 2004-08-02
- News Briefs: PBGC bailout bill likely dead in House until next spring.(Briefs)(Pension Benefit Guaranty Corp.)(Caterpillar Inc. contributes $530 million to its U.S. pension master trust)(FirstEnergy Corp. to contribute up to $600 million to unit plans)
- WASHINGTON - The PBGC-bailout pension bill is unlikely to come up for a vote in the U.S. House before Congress adjourns for the year, a spokeswoman for House Majority Leader Roy Blunt, (R-Mo.) confirmed. Instead, sources said they expect the House wo WASHINGTON - The PBGC-bailout...
- Research articles 2005-12-12
- A slight handicap: NY Racing falls a little behind.(Frontlines)(New York Racing Association)(Brief Article)
- Byline: Vince Calio The NYRA controls the Aqueduct, Belmont Park and Saratoga courses. The New York Racing Association's $130 million pension plan has some catching up to do. The association, based in Saratoga Springs, N.Y., has missed about $7 Byline:...
- Research articles 2005-08-22
- Senate panel OKs change in pension funding; Bigger PBGC losses ahead?(News)
- Byline: JERRY GEISEL WASHINGTON-Employers with underfunded pension plans would be spared paying billions of dollars in required plan contributions under legislation passed last week by the Senate Finance Committee. A last-minute amendment to the Byline: JERRY GEISEL WASHINGTON-Employers...
- Research articles 2003-09-22
- Pension funding bill clears panel; Senate must reconcile different approaches.(News)
- Byline: JERRY GEISEL WASHINGTON-With the deadline for action drawing near, Congress is closer to enacting stopgap pension funding relief that employers are urgently seeking. Last week, the Senate Health, Education, Labor and Pensions Committee Byline: JERRY GEISEL ...
- Research articles 2003-11-03
- News Briefs; San Francisco City & County makes changes to system's $3 billion alternatives program.
- SAN FRANCISCO - San Francisco City & County Employees' Retirement System approved a revamp of its $3 billion alternatives investments program, doubling allocations to special situation funds and small- to midsized buyout funds to 20% and 30%, res SAN FRANCISCO - San Francisco City & County...
- Research articles 2003-10-27
- STRAUSS PUSHING DB PLANS: PBGC DIRECTOR'S WISH LIST INCLUDES RAISING SALARY LIMIT AND DOUBLING ALLOWABLE PENSION, BUT HAS SOME STRINGS.
- WASHINGTON -- PBGC Executive Director David M. Strauss is trying to muster White House support for a raft of ideas aimed at reviving traditional defined benefit pension plans. Sources say at least some of the trial balloons Mr. Strauss has floated WASHINGTON --...
- Research articles 1999-01-25
- NCR registers new approach to pension plan; Latest to phase out defined benefit plan.(News)(NCR Corp.)
- Byline: JERRY GEISEL DAYTON, Ohio-Another major U.S. employer is phasing out its defined benefit pension plan. Information technology giant NCR Corp. of Dayton, Ohio, plans to close off its $2.8 billion pension plan to new and younger employees Byline: JERRY...
- Research articles 2004-07-05
- bills will provide a blueprint for whatever goes into the final.(tax legislation related to pension funds)
- WASHINGTON -- The nation's budget surplus has ended Congress' money-grabbing raids on the pension system. That's the message from the inclusion of a slew of pension provisions in tax legislation crafted by the House and Senate ...
- Research articles 1999-07-26
- Following years of change, Congress quiet on benefits.
- Following Years Of Change, Congress Quiet On Benefits After years of changing pension and employee benefit rules annually as part of the budget ritual, Congress seems less inclined to make legislative changes in benefits this year, for a variety of rFollowing Years Of Change, Congress...
- Research articles 1991-04-29
Additional Resources
- The road ahead
- THERE WAS A TIME WHEN THE JOURNEY toward a financially secure retirement ran straight and smooth, both for employers and employees. Companies offered generous pensions to nearly all workers, and most workers logged many years of experience with a single company, confident that when it was time...
- Articles 2007-11-01
- DELPHI, OTHERS MAKE RECENT CONTRIBUTIONS.(Delphi Corp.)(Olin Corp.)(Verizon Communications Inc.)
- Several companies announced contributions to their defined benefit plans in recent filings with the Securities and Exchange Commission. * Delphi Corp., Troy, Mich., will contribute about $1.3 billion to its U.S. pension plan after emerging from Chapter 11 bankruptcy protection later this...
- Articles 2007-05-14
- The calm before a storm? Funding levels have recovered strongly, and the Pension Protection Act has provided new certainty on key rules for plan sponsors. But accounting issues and volatility remain major concerns.(PENSIONS)
- After several years of stormy seas, the pension waters are considerably calmer these days. Funding levels have risen sharply in the past couple of years, goosed by a rising stock market and higher interest rates, and legislation has provided new certainty for pension ...
- Articles 2007-05-01
- Alternatives.(Morgan Stanley to acquire stake' in Abax Global Capital)(public pension plans regulations)
- House panel expresses qualms over hedge funds WASHINGTON - Key federal lawmakers at a House Financial Services Committee hearing March 13 expressed concern about what might happen to pension funds if their hedge fund investments go sour. The lawmakers provided little guidance...
- Articles 2007-03-19
- Delphi finds a buyer for its interiors unit.(Suppliers)(United States. Bankruptcy Court)(Delphi Corp.)(Renco Group Inc.)
- Byline: Philip Nussel New York industrialist Ira Rennert has been named the leading bidder for Delphi Corp.'s interiors business. Delphi, which is trying to sell noncore businesses as part of its Chapter 11 reorganization, announced Tuesday, Feb....
- Articles 2007-02-26
- Pension-related liens continue to dog firm
- A federal agency filed new liens against Precision Custom Components for missing pension-plan contributions, but the company said it has control of the problem. The federal Pension Benefit Guaranty Corp. issued the liens against Precision, a York manufacturing firm, in November. The PBGC also filed a lien against...
- Articles 2007-01-05
- Lawmakers compromise to pass major reforms of pension funding rules; Massive plan failures spur years-long drive to overhaul system.(Spotlight: Year in Review: Employee Benefits)
- Byline: Jerry Geisel A multiyear drive to tighten pension plan funding rules came to an end in 2006 with Congress passing the biggest changes in pension funding rules since the enactment of the original pension reform law more than three decades ago. ...
- Articles 2006-12-25
- Airline Finance News - North America
- Dec 11, 2006 US House members warn against DOT rule change on foreign ownership. A bipartisan group of US House of Representatives members who sit on transportation and aviation committees launched a preemptive strike last week, urging the White House not to push forward plans...
- Articles 2006-12-11
- Company Watch - Delta Air Lines
- Dec 11, 2006 Delta To Sell 38 Boeings, Orders 10 More. Delta Air Lines said on Thursday it will sell 38 Boeing planes after delivery as part of its bankruptcy, but that it will order 10 more planes and convert an existing order of five...
- Articles 2006-12-11
- Promises: new pension rules are supposed to secure employees' retirement. Employers may have other ideas
- WHEN BEMIS CORP. saw the pension liability of its defined-benefit plan soar in late 2005 as a result of falling interest rates, the consumer-products packaging manufacturer decided to limit the accrual of new benefits to employees who were over 40 and had at least 20 years of...
- Articles 2006-12-01
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