Treasury unit would allow pension plans to borrow money to remain solvent.
Plan spurs call for strikes at major universities, including Oxford and Cambridge.
Reflections on his first year, de-risking, and how IBM got to the enviable position of having a fully funded plan.
What he’s considering after announcing a plan freeze and making a $2.3 billion contribution as UPS explores LDI.
His thoughts on date triggers, derivatives, and International Paper’s $1 billion debt offering to fund its DB plan.
LDI, pension risk transfers “likely” to increase as new tables, premiums take hold, experts say.
NCPERS says pensions are resilient and shouldn’t be dismantled if underfunded.
Willis Towers Watson paper says outdated definitions can lead to excess risk, and a skewed investment strategy.
Switch will decrease government’s exposure to shock vulnerability, bank says.
Single-employer program improves as deficit nearly halved to $10.9 billion.
Communication Workers Union says a major industrial relations showdown looks inevitable.
Assets climb to $722 million.
Plans, workers look to recoup billions in “Car Wash” scandal losses.
State budget director balks at report that says proposed reform plan will cost taxpayers billions.
Board members float four possible paths to change portfolio structure; employers worried about higher pension payments.