Pension Benefit Guaranty Corp.

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pension benefit guaranty corp. and pension fund - All News and Analysis

• News briefs.(Knoxville City Employees' Pension Fund )(Ohio Police & Fire Pension Fund )

  - 2007-07-09

  Study: more plans look at governance WASHINGTON - Many multinational companies are scrutinizing global investment policies and risk management strategies related to their retirement plans, according to a new Watson Wyatt Worldwide survey. About 78 Study: more plans look at governance ...

  Tags: asset, company, compensation, Industry Group, Pension Benefit Guaranty Corp., pension fund, pension plan, risk management, SEC, survey

• At deadline.(briefs)

  - 2007-02-19

  Pension giant in works? General Motors' possible purchase of the Chrysler Group would create the fifth-largest U.S. pension fund, with assets of almost $148 billion. Currently, GM is ranked sixth with $119 billion in pension assets as of Sept. 30; Pension giant in...

  Tags: asset, Chrysler LLC, equity, General Motors Corp., Pension Benefit Guaranty Corp., pension fund, US Airways Group Inc.

• At deadline.(pension protection act)

  - 2007-02-05

  DOL issues advice guidance Money managers offering investment advice to participants in 401k plans they manage can vary the fees they charge for their own investment options, but they must provide the advice through a separate affiliate, whose c DOL issues advice guidance...

  Tags: Pension Benefit Guaranty Corp., pension fund, pension plan, Qwest Communications Inc.

• Ailing WPS pension fund taken over: PBGC becomes trustee of hourly and salaried worker accounts.(News)(Pension Benefit Guaranty Corporation)(Brief Article)

  - 2005-09-05

  WASHINGTON -- The Pension Benefit Guaranty Corporation PBGC has assumed responsibility for the pensions of 32,500 workers and retirees of bankrupt WestPoint Stevens. WASHINGTON -- The Pension Benefit Guaranty Corporation PBGC has assumed responsibility for the pensions of 32,500 workers and retirees...

  Tags: pension, Pension Benefit Guaranty Corp., pension fund, worker

• The Looming Retirement Disaster; The three-legged stool is broken. Social Security is a political nightmare, pension funds are disappearing, and private savings ... what private savings? We take a look at how we got into this mess, and how we can fix it.

  - 2005-04-18

  Byline: Gregory Crawford and Vineeta Anand Memo to President Bush and Congress: It's a retirement crisis, not merely a Social Security crisis. All three legs of the stool on which America's workers are expected to rely for retirement - Social Se ...

  Tags: asset, benefit, benefit plan, bond, Bush, company, defined contribution plan, Pension Benefit Guaranty Corp., pension fund, pension plan, Social Security, stock, tax, worker

• News Briefs; CalSTRS votes to span globe in choosing new investments for its private equity portfolio.

  - 2004-06-14

  SACRAMENTO, Calif. - CalSTRS' investment committee voted to expand its international private equity investments to the entire globe. Staff at the $113 billion pension fund had recommended limiting the expansion to Japan and Australia only. Currently, SACRAMENTO, Calif. - CalSTRS' investment committee voted to expand...

  Tags: American Express Co., Enron Corp., Fidelity Investments, hedge fund, Maytag Corp., Pension Benefit Guaranty Corp., pension fund, pension plan, private equity, shareholder, Symbol Technologies Inc.

• Optimism amid tumult.(Editorial)(pension funds)(Editorial)

  - 2003-10-27

  As Pensions & Investments celebrates its 30th anniversary, pension plans today are pretty much in the same state they were in 1973. Or are they? They experienced huge losses when the market plunged in 1973, just as they have in recent years. ...

  Tags: ERISA, investment, Pension Benefit Guaranty Corp., pension fund, pension plan

• Change in rules? High alert for pension system; Verizon executive cites 7 potential legislative and regulatory 'missiles' that bode changes in how U.S. plans are managed.(News)

  - 2003-10-13

  Byline: Joel Chernoff STAMFORD, Conn. - Seven regulatory and legislative "missiles'' are aimed at the heart of the U.S. corporate defined benefit system, warned Britt Harris, president of Verizon Investment Management Corp., Stamford. Indi Byline: Joel Chernoff ...

  Tags: asset, benefit, bond, missile, Pension Benefit Guaranty Corp., pension fund, Verizon Communications Inc.

• News Briefs: Louisiana Teachers files lawsuit to force HealthSouth to slate shareholders meeting.(Briefs)

  - 2003-09-15

  WILMINGTON, Del. - The Louisiana Teachers' Retirement System, Baton Rouge, filed suit Sept. 8 against HealthSouth Corp., Birmingham, Ala., in Delaware Chancery Court. The lawsuit claims HealthSouth, which is incorporated in Delaware, violated state l WILMINGTON, Del. - The Louisiana Teachers' Retirement System, Baton Rouge,...

  Tags: board, Delaware Chancery Court, HealthSouth Corp., Pension Benefit Guaranty Corp., pension fund

• No help: Benchmark proposal earns harsh criticism; Bush administration not addressing flaws of pension system, critics say.(News)

  - 2003-07-21

  Byline: Vineeta Anand WASHINGTON - Some academics, financial economists and actuaries are slamming the Bush administration's proposal to replace the 30-year Treasury with an index of high-grade corporate bonds as the benchmark for calculating pens Byline: Vineeta Anand WASHINGTON -...

  Tags: bond, Bush Administration, pension, Pension Benefit Guaranty Corp., pension fund, pension plan, stock