Pensions
DB Plans Choosing to De-Risk Instead of Terminate
The pace of insured U.S. pension annuitizations slowed in 2025 after exceeding $50 billion in 2024, Aon reported.
In the two days after the U.S. announced new tariffs, the plans lost almost their entire C$18.4 billion surplus.
The accounting firm admitted to errors in a 2020 risk analysis, significantly disrupting the Pennsylvania education workers’ plan.
Attorney General Dave Yost accused the members of breaching their fiduciary duty to the fund.