In an effort to shore up under-funded pension
plans, the Lane Transit District board has voted unanimously to adopt a less expensive plan for administrative employees who are hired after Jan.
McClatchy said in a statement that it would use the most of the proceeds from the deal -- $163 million -- to help refresh its under-funded pension
plan and another big chunk -- $65 million -- to holders of 2017-maturity bonds.
2 million company contribution to the under-funded pension
BRITISH Airways said today that it had agreed a recovery plan for its under-funded pension
schemes in a move which paves the way for its merger with Spanish rival Iberia.
Embattled US parent Reader's Digest Association (RDA) said it was no longer able to support the UK title after a rescue deal for the firm's under-funded pension
scheme fell through.
With sector focus and industry-leading work in specialist areas such as under-funded pension
schemes, the restructuring and recovery division is going from strength to strength, handling a broad range of assignments.
Almost every week in the media, there is an article about under-funded pension
plans and looming labour shortages.
They may have more of their fair share of caring responsibilities and financial concerns with a mortgage or an under-funded pension
, or they may be caring for older relatives, or children who haven't flown from the nest.
The new regulations were designed to protect the interests of company staff who are members of under-funded pension
Companies with under-funded pension
plans are prevented from promising extra benefits to employees without paying for those promises up front.
This means that its under-funded pension
plan obligations have been transferred to the federal insurer with a significantly reduced payout to retirees.
Does an under-funded pension
plan simply reflect poor recent performance of the stock market, or does it represent a serious long-term liability?