AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

Pensions and benefits. (From the Library).

Government Finance Review

| February 01, 2003 | COPYRIGHT 2003 Government Finance Officers Association. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

"America's Pension Funding Crisis: The Perfect Storm"

Charles Ruffel and Nevin Adams

Plan Sponsor, November 2002, pp. 92-9 6.

In the past three years, corporations and governments managing defined benefit retirement plans have been badly hurt by the escalation of funding liabilities at the same time that their investment portfolios have declined in a dramatic fashion. One investment firm expects that 2002 will be the worst year "on record" in terms of liabilities outpacing asset growth (liabilities grew faster than assets by 36.5 percent at the time the article was published). Even so, a Fidelity/Plan Sponsor survey shows that few public plans and even fewer corporate plans are funded below 84 percent of full funding. One response to the situation might be to ...

Related articles from newspapers, magazines, journals, and more
Plan Sponsor Magazine Names State Street Global Advisors Top Provider in First...
Press release article from: Business Wire January 6, 1999 700+ words
...kind to rate defined benefit (DB) plan...customer or plan sponsor perspective...chief of Plan Sponsor, said...fact in the defined benefit arena that...EDITORS: Plan Sponsor Magazine Defined Benefit Client Satisfaction...
Unmaking a 'model' manager.(management of defined benefit plan)(Editorial)
Magazine article from: Pensions & Investments April 30, 2007 700+ words
...advocated moves away from defined benefit plans and reform of Social...and performance demands of a defined benefit plan sponsor, the sponsor should end the...making investment decisions for defined benefit plans and sponsoring one...
Older workers take the brunt of a DB freeze; EBRI finds yearly contributions...
Magazine article from: Pensions & Investments Braude, Nicholas March 20, 2006 700+ words
...feel the effects of a frozen defined benefit pension plan more than younger...employee demographics. A defined benefit plan sponsor may choose to implement a...contribution plans from frozen defined benefit plans. While it's clear...
SEI Investments to Manage $135 Million of Defined Benefit Assets for Givaudan;...
Press release article from: PR Newswire December 18, 2000 700+ words
...to manage $135 million in Defined Benefit assets for Givaudan, a leading...fully bundled, outsourced defined benefit program, offering actuarial...services is designed to make the defined benefit plan sponsor's job simpler," said Edward...
Pension Protection Act Of 2006: Ice Age For The Defined Benefit...
News wire article from: Mondaq Business Briefing September 6, 2006 700+ words
...funding of many defined benefit pension plans and...termination where a plan sponsor was unable to meet...benefits/plans Defined Benefit Pension Plan Funding...rules that govern a defined benefit pension plan sponsor's funding obligations...
The Pension Protection Act of 2006: an overview of the defined benefit and...
Magazine article from: Benefits Law Journal Silver-Malyska, Tara Jenkins, Elizabeth December 22, 2006 700+ words
...materially affect plan sponsor decisions through...funding for defined benefit plans by overhauling...summarizes key defined benefit and defined...and discusses plan sponsor considerations...changes. THE DEFINED BENEFIT PROVISIONS OF...
Management of defined-benefit pension funds and shareholder value.
Magazine article from: Quarterly Journal of Business and Economics Asthana, Sharad Lipka, Roland June 22, 2002 700+ words
Introduction Total defined-benefit pension assets of U.S...outflows from the firm to the defined-benefit plan. For the regulatory...the beneficiaries, in defined-benefit plans the plan sponsor bears most of the investment...
The distribution of investment risk in defined benefit pension plans: a...
Magazine article from: Relations Industrielles/Industrial Relations Hyatt, Douglas E. Pesando, James E. January 1, 1996 700+ words
...amount). Sponsors of defined benefit plans are required...investment fund. Unlike defined benefit plans, the size...exclusively on the plan sponsor, the "textbook...is that members of defined benefit pension plans bear...
MassMutual Co-Sponsors Defined Benefit Pension Reform Seminar for Financial...
Press release article from: PR Newswire June 2, 2005 700+ words
...timing was right for "Defined Benefit -- Opportunities...New York City. "Defined Benefit -- Opportunities...themselves and their plan sponsor clients for the pending...reform legislation on defined benefit pension plans. A...
CIGNA Retirement & Investment Services Wins DALBAR Seal of Excellence for Its...
Press release article from: Business Wire February 26, 2003 700+ words
...Contribution & Defined Benefit Statements. The...indicate that the Defined Benefit statement successfully...are driven by the plan sponsor. "Earning the DALBAR Seal for both our defined benefit and defined contribution...
For more facts and information, see all results

Source: HighBeam Research, Pensions and benefits. (From the Library).

©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA