There’s a certain type of employer-sponsored retirement plan that’s the stuff of legends. They’re called traditional defined benefit pension plans, meaning employees get a fixed amount of money upon ...

IBM made waves in the retirement plan world last month when the company revealed that it’s going back to a defined-benefit pension of sorts in lieu of contributing to employees’ 401(k) accounts. At ...

The embattled plane maker is adamant that it won’t bow to the machinists union’s demand. But amid a remarkable comeback in the health of pension funds, improving retirement benefits could help Boeing ...

Discover how the pension recalculation date determines lump-sum pension offers and how it's calculated, along with why the timing can affect the total payout.

Experts point out the flaws in the often lauded 'pension past,' while discussing the benefits and potential of the 401(k) present. Some in the retirement industry look back fondly on the days when ...

Hidden among Kraft Heinz Co.’s brightly colored assets exists an unusual source of value: an over-funded pension plan. Kraft Heinz reported $815 million of extra assets in its defined-benefit pension ...

Goldman Sachs Group Inc. clinched a $43 billion mandate to invest pension fund assets of parcel-delivery company UPS, in one of the largest deals of its kind. The investment mandate announced Thursday ...

Minnesota-based company 3M has announced updates to its pension plans for non-union U.S. employees starting in 2028. According to a statement put out by the company, pension-eligible employees will ...

An underfunded pension plan is a company-sponsored retirement plan with liabilities exceeding its assets. Learn what this means for current and future retirees.

LONDON (Citywire) - When employees are members of a final salary (aka defined benefit) occupational pension scheme run by their employer it is the employer who is taking all the risks. From the ...

If your retirement savings aren’t where you’d hoped, there are some ways you can bridge the gap, including making catch-up ...

A 2021 law providing aid for multiemployer plans underscores the partisan disagreement about how best to provide stability for older Americans. By Mark Miller Democrats pushed through a big aid ...