Risk
Ohio’s State Pension Slashes Healthcare Benefits amid Insolvency Concerns Threat
The board at OPERS voted to reduce medical benefits to avoid collapse by 2030.
Tag: Insolvency
Risk
Texas ERS Could Become Insolvent 20 Years Earlier than Previously Anticipated
An actuarial valuation report cites the plan’s risk of going insolvent by 2075.
PBGC Takes Over Bankrupt Verity Health System’s Pension Plans
Pension insurance to assume benefit payments for 8,000 members.
Risk
UK Pension Lifeboat to Protect Thomas Cook Pension
Plan participants will likely see reduced benefits after the 178-year-old travel firm collapse
Multiemployer Pension Lifeboat Sinking Fast
PBGC multiemployer program is expected to run out of money in six years.
CalSTRS Stresses the ‘Importance of Acting Quickly’ to Maintain Funding Progress
Update on the pension’s 2014 funding plan illustrates the risks, rewards, and strategies to be aware of.
Risk
New Jersey Posts Mixed Results in Meeting Benchmarks
The state pension fund is only surpassing its 10- and 20-year goals, falling short over other periods.
Insolvency Looms Larger for PBGC Multiemployer Program
Projections now show a 90% chance the program will run out of money in seven years.