New York-based Verizon became the second major employer in recent months to announce such a pension plan risk-reduction strategy.Read More
Each participating company would pitch in to implement and maintain the network, with the cost likely to be based on a subscription model, including the number of participating employees and retirees and how much their medical care costs. Read More
According to a December 2011 study by Mercer and CFO Research Services, 59 percent of 192 senior-level financial executives surveyed say their defined benefit pension plan poses at least a moderate risk to their companies' short-term financial performance. High plan liabilities coupled with a weak market are causing plan sponsors to explore new strategies for protecting assets.
Listed in alphabetical order. Published September 2011. Read More
This month's digest of who's coming, going and moving up in the world of workforce management.Read More