Companies that sold their plan liabilities to insurers set records for dollar volume and deal numbers in the first half of 2023, per an Aon study.
Led by programs in California, Oregon and Illinois, the pace of savings growth in state plans is accelerating.
The fund was projected to become insolvent in 2024, and PBGC funds will enable it to stay solvent through 2051.
Nominations for the 2023 CIO Industry Innovation Awards close tomorrow. Check out the various categories, including some new ones, and see where your best work fits.
The $315.6 billion pension giant expects portfolio companies to disclose Scope 1 and 2 emissions, at a minimum.
Casting aside budget hawks’ concerns and inflation upticks, the firm applauds the industrial policy under the Biden Administration.