Quick Read The S&P 500 ETF (SPY) returned 79% over five years. Long-term Treasury bonds (TLT) lost 32.8%. Pensions act as ...
The Governmental Accounting Standards Board released a post-implementation review report Monday on its pension standards and found they mostly accomplished their goals. Processing Content The PIR ...
Employers are increasingly offloading their pension obligations as plan expenses increase, economic conditions improve and companies continue a pronounced shift toward 401(k) plans. A pension buyout — ...
Governments would have to report as a liability on their accrual-based financial statements the unfunded portion of their pension plan under a new proposal. That was contained in a statement of ...
Taxpayers are reading state, county and municipal financial forecasts and are attending municipal meetings where business managers now report actual unprecedented tax receipts coming in. They are now ...
One of the 3 hurdles (pension expense) is out of the way, which optimizes the cost structure. Uncertainties surrounding the nuclear PTC treatment and rate case remain, hindering an upgrade to a buy ...
At a time when Enron Corp. was cutting back on its employee retirement plans to save money, executive benefits at the energy company kept getting richer. Beginning in the 1990s, Enron joined many ...
The largest U.S. corporate pension plans finished 2020 with a higher funding deficit than a year before but also managed to come out of the year with a higher funding ratio and lower aggregate pension ...
The Pennsylvania auditor general responded to the Chester mayor’s request for an investigation to alleged pension “spiking” and said recommendations were given multiple times in the past. “I’m just ...
The Centre has tightened pension procedures and strengthened safeguards for retired central government employees. New rules clarify how PPOs must be handled after a pensioner’s death, while earlier ...