Asset Allocation
Teamsters’ Plan to Claim Most of Latest PBGC Aid
More than $800 million from Special Financial Assistance Program will help two pension funds covering more than 22,000 participants.
Tag: Multiemployer Pension Reform Act of 2014
Asset Management Culture
Two More Pension Funds Apply to Treasury Department for Benefits Cuts
Arizona Bricklayers’ fund submits its first application, while Michigan Carpenters’ fund applies for the second time.
Pensions
Ohio Teamsters Pension Fund Seeks Benefits Reduction
The Building Material Drivers Local 436 pension plan is expected to run out of money by 2023.
Regulation
PBGC Approves Facilitated Merger of New York Pension Funds
Pension lifeboat will provide three annual payments of $8.9 million to merged plan.
News
Sheet metal workers’ union becomes 15th fund to be cleared to cut benefits.